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Adagene Inc has a consensus price target of $5 based on the ratings of 3 analysts. The high is $5 issued by HC Wainwright & Co. on July 22, 2024. The low is $5 issued by HC Wainwright & Co. on July 22, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on July 22, 2024, June 28, 2024, and October 4, 2023, respectively. With an average price target of $5 between HC Wainwright & Co., there's an implied 108.33% upside for Adagene Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Adagene (NASDAQ:ADAG) was reported by HC Wainwright & Co. on July 22, 2024. The analyst firm set a price target for $5.00 expecting ADAG to rise to within 12 months (a possible 108.33% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Adagene (NASDAQ:ADAG) was provided by HC Wainwright & Co., and Adagene reiterated their buy rating.
There is no last upgrade for Adagene
There is no last downgrade for Adagene.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Adagene, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Adagene was filed on July 22, 2024 so you should expect the next rating to be made available sometime around July 22, 2025.
While ratings are subjective and will change, the latest Adagene (ADAG) rating was a reiterated with a price target of $5.00 to $5.00. The current price Adagene (ADAG) is trading at is $2.40, which is out of the analyst’s predicted range.
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