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Talaris Therapeutics (TALS) Gets a Buy Rating from Evercore ISI

In a report released today, Joshua Schimmer from Evercore ISI maintained a Buy rating on Talaris Therapeutics (TALSResearch Report), with a price target of $25.00. The company’s shares closed last Tuesday at $8.12, close to its 52-week low of $6.34.

According to TipRanks.com, Schimmer is a 4-star analyst with an average return of 8.0% and a 49.5% success rate. Schimmer covers the Healthcare sector, focusing on stocks such as BioMarin Pharmaceutical, Rocket Pharmaceuticals, and Aeglea Biotherapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Talaris Therapeutics with a $23.50 average price target, implying a 189.4% upside from current levels. In a report issued on March 17, Leerink Partners also reiterated a Buy rating on the stock with a $22.00 price target.

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The company has a one-year high of $19.82 and a one-year low of $6.34. Currently, Talaris Therapeutics has an average volume of 50.47K.

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Talaris Therapeutics Inc is a late-clinical stage biotechnology company. It is developing transformative cell therapies with the potential to eliminate the burden of chronic immunosuppression for organ transplant recipients as well as induce durable remissions in patients with severe autoimmune and immune-mediated disorders.

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