In a report released today, Yi Chen from H.C. Wainwright reiterated a Buy rating on Aslan Pharmaceuticals (ASLN – Research Report), with a price target of $7.00. The company’s shares closed last Friday at $0.85.
Chen covers the Healthcare sector, focusing on stocks such as Prophase Labs, Veru, and Co-Diagnostics. According to TipRanks, Chen has an average return of -6.7% and a 36.07% success rate on recommended stocks.
Currently, the analyst consensus on Aslan Pharmaceuticals is a Moderate Buy with an average price target of $5.00.
The company has a one-year high of $3.36 and a one-year low of $0.36. Currently, Aslan Pharmaceuticals has an average volume of 256K.
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Aslan Pharmaceuticals Ltd. is a clinical-stage oncology-focused biopharmaceutical company, which engages in the development of novel therapeutics. Its pipeline includes varlitinib, ASLAN003, ASLAN004, and ASLAN002. The firm’s portfolio focuses on validated growth pathways applied to new patient segments, novel immune checkpoints, and novel cancer metabolic pathways. The company was founded by Carl Aslan Jason Morton Firth, Mark McHale, and Jeffrey Tomlinson in 2010 and is headquartered in Singapore.
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