Analyst Ratings for Cabaletta Bio
Portfolio Pulse from Benzinga Insights
Cabaletta Bio (NASDAQ:CABA) has received positive analyst ratings in the last quarter, with 9 bullish and 4 somewhat bullish ratings, and no negative ratings. The average 12-month price target for CABA is $30.78, which is a 41.52% increase from the previous target of $21.75. The high target is $50.00 and the low target is $17.00. Analysts typically review stocks quarterly or after major company updates, basing their predictions on financial performance and company risk.

November 29, 2023 | 12:00 pm
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Cabaletta Bio has received a strong vote of confidence from analysts with 9 bullish and 4 somewhat bullish ratings. The average price target has been raised to $30.78, indicating a potential upside from the previous target.
The overwhelmingly positive analyst ratings and the significant increase in the average price target suggest a strong bullish sentiment for CABA in the short term. Analyst ratings can influence market perception and investor behavior, potentially driving up the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100