Molecular Templates Inc has a consensus price target of $1.25 based on the ratings of 2 analysts. The high is $1.5 issued by B of A Securities on May 27, 2022. The low is $1 issued by Barclays on November 11, 2022. The 3 most-recent analyst ratings were released by Barclays, B of A Securities, and Barclays on November 11, 2022, May 27, 2022, and March 30, 2022, respectively. With an average price target of $2.33 between Barclays, B of A Securities, and Barclays, there's an implied 343.77% upside for Molecular Templates Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Molecular Templates (NASDAQ:MTEM) was reported by Barclays on November 11, 2022. The analyst firm set a price target for $1.00 expecting MTEM to rise to within 12 months (a possible 90.19% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Molecular Templates (NASDAQ:MTEM) was provided by Barclays, and Molecular Templates maintained their overweight rating.
There is no last upgrade for Molecular Templates
The last downgrade for Molecular Templates Inc happened on May 27, 2022 when B of A Securities changed their price target from N/A to $1.5 for Molecular Templates Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Molecular Templates, 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 Molecular Templates was filed on November 11, 2022 so you should expect the next rating to be made available sometime around November 11, 2023.
While ratings are subjective and will change, the latest Molecular Templates (MTEM) rating was a maintained with a price target of $4.50 to $1.00. The current price Molecular Templates (MTEM) is trading at is $0.53, which is out of the analyst’s predicted range.
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