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A Quick Look at Today's Ratings for Scholar Rock(SRRK.US), With a Forecast Between $27 to $36

Futu News ·  Oct 8 21:00  · Ratings

On Oct 08, major Wall Street analysts update their ratings for $Scholar Rock (SRRK.US)$, with price targets ranging from $27 to $36.

TD Cowen analyst Marc Frahm maintains with a buy rating.

Wedbush analyst David Nierengarten maintains with a buy rating, and adjusts the target price from $25 to $27.

Truist Financial analyst Srikripa Devarakonda maintains with a buy rating, and maintains the target price at $36.

H.C. Wainwright analyst Andres Y. Maldonado maintains with a buy rating, and adjusts the target price from $30 to $35.

Furthermore, according to the comprehensive report, the opinions of $Scholar Rock (SRRK.US)$'s main analysts recently are as follows:

  • Following the release of comprehensive data alongside top-line SAPPHIRE results, notable highlights include longitudinal analysis suggesting a favorable outcome for regulatory approval, revised sales forecasts, and implications for the obesity market. For investors seeking confirmation of the company's myostatin-selective platform's potential, there are several opportunities for stock value appreciation in the upcoming year as more details become available on subgroup efficacy and the refinement of the expected product label.

Here are the latest investment ratings and price targets for $Scholar Rock (SRRK.US)$ from 4 analysts:

StockTodayLatestRating_nn_75870597499204_20241008_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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