On Nov 13, major Wall Street analysts update their ratings for $Nuvalent (NUVL.US)$, with price targets ranging from $100 to $134.
Barclays analyst Peter Lawson maintains with a buy rating, and maintains the target price at $100.
TD Cowen analyst Marc Frahm maintains with a buy rating.
BMO Capital analyst Etzer Darout maintains with a buy rating, and adjusts the target price from $132 to $134.
LifeSci Capital analyst Charles Zhu maintains with a buy rating, and maintains the target price at $110.
Furthermore, according to the comprehensive report, the opinions of $Nuvalent (NUVL.US)$'s main analysts recently are as follows:
Nuvalent's third-quarter update showcased the company reaching its anticipated milestones for 2024 ahead of schedule and advancing its development timeline. The analyst notes that the positive outlook on Nuvalent's clinical programs is sustained by the data observed so far as the company moves forward with its OnTarget 2026 initiative.
Here are the latest investment ratings and price targets for $Nuvalent (NUVL.US)$ from 4 analysts:
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.
