| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/01/2023 | 289.61% | HC Wainwright & Co. | → $12 | Reiterates | Buy → Buy |
| 06/20/2023 | 289.61% | Oppenheimer | → $12 | Initiates Coverage On | → Outperform |
| 05/24/2023 | 289.61% | HC Wainwright & Co. | → $12 | Reiterates | Buy → Buy |
| 05/15/2023 | 289.61% | HC Wainwright & Co. | → $12 | Initiates Coverage On | → Buy |
| 03/17/2023 | 419.48% | Cantor Fitzgerald | → $16 | Initiates Coverage On | → Overweight |
| 03/10/2023 | 94.81% | Credit Suisse | → $6 | Reiterates | → Outperform |
| 08/03/2022 | 322.08% | SVB Leerink | $16 → $13 | Maintains | Outperform |
| 08/06/2021 | 127.27% | Credit Suisse | $12 → $7 | Maintains | Outperform |
| 03/16/2021 | 289.61% | Credit Suisse | $29 → $12 | Maintains | Outperform |
| 03/16/2021 | 419.48% | SVB Leerink | $27 → $16 | Maintains | Outperform |
| 11/23/2020 | 841.56% | Credit Suisse | → $29 | Initiates Coverage On | → Outperform |
| 11/23/2020 | 581.82% | B of A Securities | → $21 | Initiates Coverage On | → Buy |
| 11/23/2020 | 776.62% | SVB Leerink | → $27 | Initiates Coverage On | → Outperform |
What is the target price for Galecto (GLTO)?
The latest price target for Galecto (NASDAQ: GLTO) was reported by HC Wainwright & Co. on August 1, 2023. The analyst firm set a price target for $12.00 expecting GLTO to rise to within 12 months (a possible 289.61% upside). 7 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Galecto (GLTO)?
The latest analyst rating for Galecto (NASDAQ: GLTO) was provided by HC Wainwright & Co., and Galecto reiterated their buy rating.
When is the next analyst rating going to be posted or updated for Galecto (GLTO)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Galecto, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Galecto was filed on August 1, 2023 so you should expect the next rating to be made available sometime around August 1, 2024.
Is the Analyst Rating Galecto (GLTO) correct?
While ratings are subjective and will change, the latest Galecto (GLTO) rating was a reiterated with a price target of $0.00 to $12.00. The current price Galecto (GLTO) is trading at is $3.08, which is within the analyst's predicted range.