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JonesTrading Reaffirms Their Hold Rating on Aileron Therapeutics (ALRN)

In a report released today, Soumit Roy from JonesTrading maintained a Hold rating on Aileron Therapeutics (ALRNResearch Report). The company’s shares opened today at $0.21.

Roy covers the Healthcare sector, focusing on stocks such as Curis, Aeglea Biotherapeutics, and AVEO Pharma. According to TipRanks, Roy has an average return of 6.7% and a 32.49% success rate on recommended stocks.

The analyst consensus on Aileron Therapeutics is currently a Hold rating.

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The company has a one-year high of $0.94 and a one-year low of $0.13. Currently, Aileron Therapeutics has an average volume of 1.14M.

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Aileron Therapeutics, Inc. is a clinical stage biopharmaceutical company, which engages in the development and commercialization of novel class of therapeutics for the treatment of cancer and other diseases. It focuses on its lead products candidate, ALRN-6924 which is a cell-permeating peptide that disrupts the interaction of p53 suppressors MDM2 and MDMX with tumor suppressor p53 to reactivate tumor suppression in non-mutant, or wild-type, p53 cancers. The company was founded by Gregory L. Verdine, Rosana Kapeller, Huw M. Nash, Joseph A. Yanchik III, and Loren David Walensky in June 2005 and is headquartered in Cambridge, MA.

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