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CervoMed Inc has a consensus price target of $38.75 based on the ratings of 8 analysts. The high is $63 issued by Brookline Capital on July 8, 2024. The low is $12 issued by Canaccord Genuity on December 11, 2024. The 3 most-recent analyst ratings were released by Canaccord Genuity, Roth MKM, and HC Wainwright & Co. on December 11, 2024, December 5, 2024, and December 5, 2024, respectively. With an average price target of $33 between Canaccord Genuity, Roth MKM, and HC Wainwright & Co., there's an implied 1379.75% upside for CervoMed Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for CervoMed (NASDAQ:CRVO) was reported by HC Wainwright & Co. on December 17, 2024. The analyst firm set a price target for $0.00 expecting CRVO to fall to within 12 months (a possible -100.00% downside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for CervoMed (NASDAQ:CRVO) was provided by HC Wainwright & Co., and CervoMed downgraded their neutral rating.
There is no last upgrade for CervoMed
The last downgrade for CervoMed Inc happened on December 17, 2024 when HC Wainwright & Co. changed their price target from N/A to N/A for CervoMed Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CervoMed, 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 CervoMed was filed on December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest CervoMed (CRVO) rating was a downgraded with a price target of $0.00 to $0.00. The current price CervoMed (CRVO) is trading at is $2.23, which is out of the analyst’s predicted range.
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