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Sonnet BioTherapeutics Analyst Ratings

Benzinga ·  Aug 16, 2023 22:22
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/16/2023 2756.46% Chardan Capital $14 → $12 Maintains Buy
06/26/2023 1494.86% EF Hutton → $6.7 Reiterates Buy → Buy
05/25/2023 1494.86% EF Hutton → $6.7 Assumes → Buy
05/11/2023 3232.54% Chardan Capital $17 → $14 Maintains Buy
04/19/2023 1494.86% EF Hutton → $6.7 Reiterates → Buy
04/19/2023 3946.66% Chardan Capital $22 → $17 Maintains Buy
02/15/2023 1494.86% EF Hutton → $6.7 Reiterates → Buy
12/19/2022 1494.86% EF Hutton → $6.7 Initiates Coverage On → Buy
09/22/2022 5136.85% Chardan Capital $2 → $22 Maintains Buy
08/16/2022 376.08% Chardan Capital $2.5 → $2 Maintains Buy
02/09/2022 376.08% BTIG $5 → $2 Maintains Buy
12/20/2021 495.1% Chardan Capital $8 → $2.5 Maintains Buy
12/16/2021 376.08% HC Wainwright & Co. → $2 Initiates Coverage On → Buy
09/15/2021 1090.19% BTIG → $5 Initiates Coverage On → Buy
09/04/2020 1804.31% Chardan Capital $7 → $8 Maintains Buy
06/05/2020 1566.27% Chardan Capital → $7 Initiates Coverage On → Buy

What is the target price for Sonnet BioTherapeutics (SONN)?

The latest price target for Sonnet BioTherapeutics (NASDAQ: SONN) was reported by Chardan Capital on August 16, 2023. The analyst firm set a price target for $12.00 expecting SONN to rise to within 12 months (a possible 2756.46% upside). 9 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Sonnet BioTherapeutics (SONN)?

The latest analyst rating for Sonnet BioTherapeutics (NASDAQ: SONN) was provided by Chardan Capital, and Sonnet BioTherapeutics maintained their buy rating.

When is the next analyst rating going to be posted or updated for Sonnet BioTherapeutics (SONN)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sonnet BioTherapeutics, 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 Sonnet BioTherapeutics was filed on August 16, 2023 so you should expect the next rating to be made available sometime around August 16, 2024.

Is the Analyst Rating Sonnet BioTherapeutics (SONN) correct?

While ratings are subjective and will change, the latest Sonnet BioTherapeutics (SONN) rating was a maintained with a price target of $14.00 to $12.00. The current price Sonnet BioTherapeutics (SONN) is trading at is $0.42, which is out of the analyst's predicted range.

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