H.C. Wainwright Analyst Reiterates Buy Rating on Cara Therapeutics, CARA
Oren Livnat analyst at H.C. Wainwright reiterates coverage on Cara Therapeutics (CARA) in the Healthcare sector with a Buy rating. TipRanks.com has Livnat rated as a 0.3 star analyst with a 38% return on investment and a -4.7% success rate. Livnat has set a price target of $ 30.
TipRanks.com reports that Cara Therapeutics currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $26.00. The target pricing ranges from a high forecast of $30.00 down to a low forecast of $19.00. Cara Therapeutics (CARA)’s last closing price was $$8.4 which would put the average price target at 209.52% upside.
In addition, TradingView issued a Sell rating for CARA over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on CARA.
Other analysts covering CARA include:
- Joseph Stringer of Needham issued a Buy rating with the price target of $ 26 on 3 days ago
- Sumant Kulkarni of Canaccord Genuity issued a Buy rating with the price target of $ 29 on 1 month ago
- Jessica Fye of J.P. Morgan issued a Buy rating with the price target of $ 19 on 1 month ago
- Jason Gerberry of Bank of America Securities issued a Hold rating with the price target of $ 18 on 6 months ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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