Cargo Therapeutics Inc has a consensus price target of $24.8, established from looking at the 7 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, Truist Securities, and Jefferies on June 27, 2024, May 16, 2024, and March 22, 2024. With an average price target of $33.67 between Piper Sandler, Truist Securities, and Jefferies, there's an implied 105.03% upside for Cargo Therapeutics Inc from these 3 analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/27/2024 | Buy Now | 125.33% | Piper Sandler | Biren Amin | → $37 | Initiates | → Overweight | Get Alert |
05/16/2024 | Buy Now | 94.88% | Truist Securities | Asthika Goonewardene | $34 → $32 | Reiterates | Buy → Buy | Get Alert |
03/22/2024 | Buy Now | 94.88% | Jefferies | Michael Yee | $28 → $32 | Maintains | Buy | Get Alert |
12/05/2023 | Buy Now | 107.06% | Truist Securities | Asthika Goonewardene | → $34 | Initiates | → Buy | Get Alert |
12/05/2023 | Buy Now | — | TD Cowen | Tyler Van Buren | — | Initiates | → Outperform | Get Alert |
12/05/2023 | Buy Now | 40.07% | JP Morgan | Brian Cheng | → $23 | Initiates | → Overweight | Get Alert |
12/05/2023 | Buy Now | 70.52% | Jefferies | Michael Yee | → $28 | Initiates | → Buy | Get Alert |
The latest price target for Cargo Therapeutics (NASDAQ:CRGX) was reported by Piper Sandler on June 27, 2024. The analyst firm set a price target for $37.00 expecting CRGX to rise to within 12 months (a possible 125.33% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Cargo Therapeutics (NASDAQ:CRGX) was provided by Piper Sandler, and Cargo Therapeutics initiated their overweight rating.
There is no last upgrade for Cargo Therapeutics
There is no last downgrade for Cargo Therapeutics.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cargo Therapeutics, 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 Cargo Therapeutics was filed on June 27, 2024 so you should expect the next rating to be made available sometime around June 27, 2025.
While ratings are subjective and will change, the latest Cargo Therapeutics (CRGX) rating was a initiated with a price target of $0.00 to $37.00. The current price Cargo Therapeutics (CRGX) is trading at is $16.42, which is within the analyst’s predicted range.
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