tiprankstipranks
Blurbs

H.C. Wainwright Sticks to Their Buy Rating for Decibel Therapeutics (DBTX)

In a report released today, Joseph Pantginis from H.C. Wainwright reiterated a Buy rating on Decibel Therapeutics (DBTXResearch Report), with a price target of $23.00. The company’s shares closed yesterday at $4.29.

According to TipRanks, Pantginis is an analyst with an average return of -20.4% and a 31.05% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Astria Therapeutics, PDS Biotechnology, and Celldex.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Decibel Therapeutics with a $19.67 average price target.

See today’s best-performing stocks on TipRanks >>

DBTX market cap is currently $107.1M and has a P/E ratio of -1.94.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Decibel Therapeutics Inc is a clinical-stage biotechnology company dedicated to discovering and developing transformative treatments for hearing and balance disorders. It aims to restore and improve hearing and balance through the restoration and regeneration of functional hair cells and non-sensory support cells within the inner ear.

Read More on DBTX:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More