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$3.37
0.041.20%
At close: -
$3.32
-0.05-1.48%
After Hours: 6:07 PM EDT
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Galecto Analyst Ratings and Price Targets | NASDAQ:GLTO | Benzinga
Galecto Inc has a consensus price target of $8.5 based on the ratings of 5 analysts. The high is $16 issued by Cantor Fitzgerald on March 17, 2023. The low is $2 issued by SVB Leerink on August 15, 2023. The 3 most-recent analyst ratings were released by Oppenheimer, Oppenheimer, and HC Wainwright & Co. on October 17, 2024, June 10, 2024, and August 21, 2023, respectively. With an average price target of $7 between Oppenheimer, Oppenheimer, and HC Wainwright & Co., there's an implied 110.84% upside for Galecto Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Oppenheimer
SVB Leerink
Cantor Fitzgerald
Credit Suisse
1calculated from analyst ratings
Analyst Ratings for Galecto
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 10/17/2024 | Buy Now | 201.2% | Oppenheimer | Jay Olson60% | $9 → $10 | Maintains | Outperform | Get Alert |
| 06/10/2024 | Buy Now | 171.08% | Oppenheimer | Jay Olson60% | $10 → $9 | Maintains | Outperform | Get Alert |
| 09/28/2023 | Buy Now | — | HC Wainwright & Co. | Raghuram Selvaraju44% | — | Downgrade | Buy → Neutral | Get Alert |
| 08/21/2023 | Buy Now | -39.76% | HC Wainwright & Co. | Raghuram Selvaraju44% | $12 → $2 | Maintains | Buy | Get Alert |
| 08/15/2023 | Buy Now | -39.76% | SVB Leerink | Mike Kratky66% | $13 → $2 | Downgrade | Outperform → Market Perform | Get Alert |
| 08/01/2023 | Buy Now | 261.45% | Oppenheimer | Jay Olson60% | → $12 | Reiterates | Outperform → Outperform | Get Alert |
| 08/01/2023 | Buy Now | 261.45% | HC Wainwright & Co. | Raghuram Selvaraju44% | → $12 | Reiterates | Buy → Buy | Get Alert |
| 06/20/2023 | Buy Now | 261.45% | Oppenheimer | Jay Olson60% | → $12 | Initiates | → Outperform | Get Alert |
| 05/24/2023 | Buy Now | 261.45% | HC Wainwright & Co. | Raghuram Selvaraju44% | → $12 | Reiterates | Buy → Buy | Get Alert |
| 05/15/2023 | Buy Now | 261.45% | HC Wainwright & Co. | Raghuram Selvaraju44% | → $12 | Initiates | → Buy | Get Alert |
| 03/17/2023 | Buy Now | 381.93% | Cantor Fitzgerald | Kristen Kluska71% | → $16 | Initiates | → Overweight | Get Alert |
| 03/10/2023 | Buy Now | 80.72% | Credit Suisse | Tiago Fauth47% | → $6 | Reiterates | → Outperform | Get Alert |
| 08/03/2022 | Buy Now | 291.57% | SVB Leerink | Mike Kratky66% | $16 → $13 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Galecto (GLTO) stock?
The latest price target for Galecto (NASDAQ:GLTO) was reported by Oppenheimer on October 17, 2024. The analyst firm set a price target for $10.00 expecting GLTO to rise to within 12 months (a possible 201.20% upside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Galecto (GLTO)?
The latest analyst rating for Galecto (NASDAQ:GLTO) was provided by Oppenheimer, and Galecto maintained their outperform rating.
When was the last upgrade for Galecto (GLTO)?
There is no last upgrade for Galecto
When was the last downgrade for Galecto (GLTO)?
The last downgrade for Galecto Inc happened on September 28, 2023 when HC Wainwright & Co. changed their price target from N/A to N/A for Galecto Inc.
When is the next analyst rating going to be posted or updated for Galecto (GLTO)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Galecto, 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 Galecto was filed on October 17, 2024 so you should expect the next rating to be made available sometime around October 17, 2025.
Is the Analyst Rating Galecto (GLTO) correct?
While ratings are subjective and will change, the latest Galecto (GLTO) rating was a maintained with a price target of $9.00 to $10.00. The current price Galecto (GLTO) is trading at is $3.32, which is out of the analyst’s predicted range.
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