Where Allakos Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 5 Wall Street analysts have published their opinions on Allakos (NASDAQ:ALLK), with 1 bullish, 3 somewhat bullish, and 1 somewhat bearish rating. No bearish or indifferent ratings were given. The average 12-month price target for Allakos is $7.7, with a high of $11.00 and a low of $1.50. This target has increased by 2.67% over the past month. Analysts typically review stocks quarterly and provide ratings that influence stock performance.
December 18, 2023 | 1:00 pm
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POSITIVE IMPACT
Allakos received mixed analyst ratings over the past 3 months, with an average price target of $7.7, reflecting a 2.67% increase from the previous month. The majority of analysts are somewhat bullish, which could positively influence investor sentiment.
The majority of analysts have a somewhat bullish stance on ALLK, with an increased average price target, which could lead to positive investor sentiment and a potential short-term increase in stock price. However, the presence of a somewhat bearish rating and the inherent uncertainty in analyst predictions tempers the potential impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100