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Cabaletta Bio Inc has a consensus price target of $25.64 based on the ratings of 14 analysts. The high is $50 issued by Cantor Fitzgerald on June 21, 2024. The low is $10 issued by UBS on October 10, 2024. The 3 most-recent analyst ratings were released by UBS, HC Wainwright & Co., and Wells Fargo on October 10, 2024, September 17, 2024, and August 12, 2024, respectively. With an average price target of $18.33 between UBS, HC Wainwright & Co., and Wells Fargo, there's an implied 425.31% upside for Cabaletta Bio Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cabaletta Bio (NASDAQ:CABA) was reported by UBS on October 10, 2024. The analyst firm set a price target for $10.00 expecting CABA to rise to within 12 months (a possible 186.53% upside). 21 analyst firms have reported ratings in the last year.
The latest analyst rating for Cabaletta Bio (NASDAQ:CABA) was provided by UBS, and Cabaletta Bio initiated their buy rating.
The last upgrade for Cabaletta Bio Inc happened on January 27, 2023 when Morgan Stanley raised their price target to $16. Morgan Stanley previously had an equal-weight for Cabaletta Bio Inc.
The last downgrade for Cabaletta Bio Inc happened on August 30, 2022 when Morgan Stanley changed their price target from $15 to $3 for Cabaletta Bio Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cabaletta Bio, 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 Cabaletta Bio was filed on October 10, 2024 so you should expect the next rating to be made available sometime around October 10, 2025.
While ratings are subjective and will change, the latest Cabaletta Bio (CABA) rating was a initiated with a price target of $0.00 to $10.00. The current price Cabaletta Bio (CABA) is trading at is $3.49, which is within the analyst’s predicted range.
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