In a report released today, Yi Chen from H.C. Wainwright reiterated a Buy rating on Bio-Path Holdings (BPTH – Research Report), with a price target of $9.00. The company’s shares closed yesterday at $3.30.
Chen covers the Healthcare sector, focusing on stocks such as Applied DNA Sciences, Veru, and Belite Bio, Inc. ADR. According to TipRanks, Chen has an average return of -23.0% and a 27.12% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bio-Path Holdings with a $9.00 average price target.
The company has a one-year high of $5.28 and a one-year low of $2.68. Currently, Bio-Path Holdings has an average volume of 17.79K.
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Bio-Path Holdings, Inc. is a biotechnology company, which engages in the develpment of therapies for acute myeloid leukemia (AML) and chronic myeloid leukemia (CML). Its product pipeline include Prexigebersen, BP1002, and BP1003. The company was founded by Peter Nielsen, Douglas P. Morris, Gabriel Lopez-Berestein and Ana Tari Ashizawa on May 10, 2007 and is headquartered in Bellaire, TX.
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