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IO Biotech Inc has a consensus price target of $9.33 based on the ratings of 3 analysts. The high is $12 issued by HC Wainwright & Co. on November 12, 2024. The low is $6 issued by Morgan Stanley on September 16, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., HC Wainwright & Co., and Morgan Stanley on November 12, 2024, November 6, 2024, and September 16, 2024, respectively. With an average price target of $10 between HC Wainwright & Co., HC Wainwright & Co., and Morgan Stanley, there's an implied 1198.70% upside for IO Biotech Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for IO Biotech (NASDAQ:IOBT) was reported by HC Wainwright & Co. on November 12, 2024. The analyst firm set a price target for $12.00 expecting IOBT to rise to within 12 months (a possible 1458.44% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for IO Biotech (NASDAQ:IOBT) was provided by HC Wainwright & Co., and IO Biotech reiterated their buy rating.
There is no last upgrade for IO Biotech
There is no last downgrade for IO Biotech.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of IO Biotech, 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 IO Biotech was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest IO Biotech (IOBT) rating was a reiterated with a price target of $12.00 to $12.00. The current price IO Biotech (IOBT) is trading at is $0.77, which is out of the analyst’s predicted range.
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