B.Riley Financial Remains a Buy on Altimmune (ALT)

B.Riley Financial analyst Mayank Mamtani reiterated a Buy rating on Altimmune (ALTResearch Report) today and set a price target of $26.00. The company’s shares closed today at $10.79.

According to TipRanks, Mamtani is an analyst with an average return of -30.0% and a 21.94% success rate. Mamtani covers the Healthcare sector, focusing on stocks such as Altimmune, Novavax, and Agenus.

Altimmune has an analyst consensus of Strong Buy, with a price target consensus of $28.83, implying a 167.19% upside from current levels. In a report released today, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $20.00 price target.

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The company has a one-year high of $23.49 and a one-year low of $3.83. Currently, Altimmune has an average volume of 2.33M.

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The Group is development stage company which intend to acquire an operating business, through a merger, capital stock exchange, asset acquisition or other similar business combination. The Group does not have any activities.

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