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Tonix Pharmaceuticals Analyst Ratings

Benzinga ·  Aug 2, 2023 00:16
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/01/2023 634.28% Alliance Global Partners $18 → $8 Maintains Buy
06/02/2023 1552.13% Alliance Global Partners $6.5 → $18 Maintains Buy
01/12/2023 496.6% Alliance Global Partners → $6.5 Reiterates → Buy
04/18/2022 -44.93% Noble Capital Markets → $0.6 Initiates Coverage On → Outperform
08/31/2021 175.36% Alliance Global Partners $2 → $3 Maintains Buy
08/11/2021 83.57% Alliance Global Partners $4 → $2 Maintains Buy
02/25/2021 267.14% Alliance Global Partners $3 → $4 Maintains Buy
04/18/2019 Roth Capital Upgrades Neutral → Buy

What is the target price for Tonix Pharmaceuticals (TNXP)?

The latest price target for Tonix Pharmaceuticals (NASDAQ: TNXP) was reported by Alliance Global Partners on August 1, 2023. The analyst firm set a price target for $8.00 expecting TNXP to rise to within 12 months (a possible 634.28% upside). 3 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Tonix Pharmaceuticals (TNXP)?

The latest analyst rating for Tonix Pharmaceuticals (NASDAQ: TNXP) was provided by Alliance Global Partners, and Tonix Pharmaceuticals maintained their buy rating.

When is the next analyst rating going to be posted or updated for Tonix Pharmaceuticals (TNXP)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Tonix Pharmaceuticals, 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 Tonix Pharmaceuticals 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 Tonix Pharmaceuticals (TNXP) correct?

While ratings are subjective and will change, the latest Tonix Pharmaceuticals (TNXP) rating was a maintained with a price target of $18.00 to $8.00. The current price Tonix Pharmaceuticals (TNXP) is trading at is $1.09, which is out of the analyst's predicted range.

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