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Adagene Inc has a consensus price target of $5 based on the ratings of 3 analysts. The high is $5 issued by HC Wainwright & Co. on September 18, 2024. The low is $5 issued by HC Wainwright & Co. on September 18, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on September 18, 2024, July 22, 2024, and June 28, 2024, respectively. With an average price target of $5 between HC Wainwright & Co., there's an implied 129.36% upside for Adagene Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Adagene (NASDAQ:ADAG) was reported by HC Wainwright & Co. on September 18, 2024. The analyst firm set a price target for $5.00 expecting ADAG to rise to within 12 months (a possible 129.36% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Adagene (NASDAQ:ADAG) was provided by HC Wainwright & Co., and Adagene reiterated their buy rating.
There is no last upgrade for Adagene
There is no last downgrade for Adagene.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Adagene, 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 Adagene was filed on September 18, 2024 so you should expect the next rating to be made available sometime around September 18, 2025.
While ratings are subjective and will change, the latest Adagene (ADAG) rating was a reiterated with a price target of $5.00 to $5.00. The current price Adagene (ADAG) is trading at is $2.18, which is out of the analyst’s predicted range.
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