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Durect Corp has a consensus price target of $23 based on the ratings of 4 analysts. The high is $41 issued by Cantor Fitzgerald on August 10, 2023. The low is $5 issued by Oppenheimer on April 1, 2024. The 3 most-recent analyst ratings were released by Oppenheimer, Cantor Fitzgerald, and HC Wainwright & Co. on April 1, 2024, August 10, 2023, and August 10, 2023, respectively. With an average price target of $24.33 between Oppenheimer, Cantor Fitzgerald, and HC Wainwright & Co., there's an implied 2524.96% upside for Durect Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Durect (NASDAQ:DRRX) was reported by HC Wainwright & Co. on November 14, 2024. The analyst firm set a price target for $0.00 expecting DRRX to fall to within 12 months (a possible -100.00% downside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Durect (NASDAQ:DRRX) was provided by HC Wainwright & Co., and Durect reiterated their neutral rating.
There is no last upgrade for Durect
The last downgrade for Durect Corp happened on November 9, 2023 when JonesTrading changed their price target from $37 to N/A for Durect Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Durect, 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 Durect was filed on November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Durect (DRRX) rating was a reiterated with a price target of $0.00 to $0.00. The current price Durect (DRRX) is trading at is $1.05, which is out of the analyst’s predicted range.
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