CervoMed Inc has a consensus price target of $65, established from looking at the 2 latest analyst ratings. The last 2 analyst ratings were released from Canaccord Genuity and Canaccord Genuity on April 8, 2024 and February 15, 2024. With an average price target of $57.5 between Canaccord Genuity and Canaccord Genuity, there's an implied 158.43% upside for CervoMed Inc from these 2 analyst ratings.
1calculated from analyst ratings published within the last 3 years
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The latest price target for CervoMed (NASDAQ: CRVO) was reported by Canaccord Genuity on April 8, 2024. The analyst firm set a price target for $65.00 expecting CRVO to rise to within 12 months (a possible 192.13% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for CervoMed (NASDAQ: CRVO) was provided by Canaccord Genuity, and CervoMed maintained their buy rating.
There is no last upgrade for CervoMed.
There is no last downgrade for CervoMed.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CervoMed, 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 CervoMed was filed on April 8, 2024 so you should expect the next rating to be made available sometime around April 8, 2025.
While ratings are subjective and will change, the latest CervoMed (CRVO) rating was a maintained with a price target of $50.00 to $65.00. The current price CervoMed (CRVO) is trading at is $22.25, which is out of the analyst’s predicted range.
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