Madrigal Pharmaceuticals
(NASDAQ:MDGL)
$213.00
-9.26[-4.17%]
At close: Apr 19
$213.00
0[0.00%]
After Hours: 4:14PM EDT
Consensus Rating1
Buy
Highest Price Target1
$425.00
Lowest Price Target1
$151.00
Consensus Price Target1
$346.00

Madrigal Pharmaceuticals Stock (NASDAQ:MDGL), Analyst Ratings, Price Targets, Predictions

Madrigal Pharmaceuticals Inc has a consensus price target of $346, established from looking at the 50 latest analyst ratings. The last 3 analyst ratings were released from Evercore ISI Group, UBS, and TD Cowen on March 20, 2024, March 15, 2024, and March 15, 2024. With an average price target of $401.67 between Evercore ISI Group, UBS, and TD Cowen, there's an implied 88.58% upside for Madrigal Pharmaceuticals Inc from these 3 analyst ratings.

Analyst Trend
1
Nov 23
1
Jan
2
Feb
13
1
Mar
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Evercore ISI Group
UBS
TD Cowen
B. Riley Securities
Citigroup

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Madrigal Pharmaceuticals

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
03/20/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0090.14%Evercore ISI Group
Liisa Bayko
$325 → $405MaintainsOutperformGet Alert
03/15/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0092.49%UBS
Eliana Merle
$337 → $410MaintainsBuyGet Alert
03/15/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0083.1%TD Cowen
Ritu Baral
$349 → $390MaintainsOutperformGet Alert
03/15/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0026.76%B. Riley Securities
Mayank Mamtani
$155 → $270UpgradeSell → NeutralGet Alert
03/15/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0082.63%Citigroup
David Lebovitz
$382 → $389MaintainsBuyGet Alert
03/15/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0086.38%JMP Securities
Jonathan Wolleben
MaintainsOutperformGet Alert
03/15/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0076.06%Oppenheimer
Jay Olson
$320 → $375MaintainsOutperformGet Alert
03/15/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0077%Canaccord Genuity
Edward Nash
$338 → $377MaintainsBuyGet Alert
03/15/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0099.53%HC Wainwright & Co.
Ed Arce
$405 → $425MaintainsBuyGet Alert
03/14/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0057.75%Piper Sandler
Yasmeen Rahimi
→ $336ReiteratesOverweight → OverweightGet Alert
03/12/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0090.14%HC Wainwright & Co.
Ed Arce
$275 → $405MaintainsBuyGet Alert
03/08/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0058.69%Canaccord Genuity
Edward Nash
$336 → $338MaintainsBuyGet Alert
03/06/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0079.34%Citigroup
David Lebowitz
→ $382Initiates → BuyGet Alert
03/01/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0050.23%Oppenheimer
Jay Olson
$300 → $320MaintainsOutperformGet Alert
02/27/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.00-27.23%B. Riley Securities
Mayank Mamtani
$204 → $155DowngradeNeutral → SellGet Alert
02/26/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.00-27.23%B. Riley Securities
Mayank Mamtani
→ $155DowngradeNeutral → SellGet Alert
02/23/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0062.91%JMP Securities
Jonathan Wolleben
→ $347ReiteratesMarket Outperform → Market OutperformGet Alert
02/16/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0062.91%JMP Securities
Jonathan Wolleben
→ $347ReiteratesMarket Outperform → Market OutperformGet Alert
01/24/2024MDGLBuy Now
Madrigal Pharmaceuticals
$213.0057.75%Piper Sandler
Yasmeen Rahimi
$305 → $336MaintainsOverweightGet Alert

FAQ

Q

What is the target price for Madrigal Pharmaceuticals (MDGL)?

A

The latest price target for Madrigal Pharmaceuticals (NASDAQ: MDGL) was reported by Evercore ISI Group on March 20, 2024. The analyst firm set a price target for $405.00 expecting MDGL to rise to within 12 months (a possible 90.14% upside). 30 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Madrigal Pharmaceuticals (MDGL)?

A

The latest analyst rating for Madrigal Pharmaceuticals (NASDAQ: MDGL) was provided by Evercore ISI Group, and Madrigal Pharmaceuticals maintained their outperform rating.

Q

When was the last upgrade for Madrigal Pharmaceuticals (MDGL)?

A

The last upgrade for Madrigal Pharmaceuticals Inc happened on March 15, 2024 when B. Riley Securities raised their price target to $270. B. Riley Securities previously had a sell for Madrigal Pharmaceuticals Inc.

Q

When was the last downgrade for Madrigal Pharmaceuticals (MDGL)?

A

The last downgrade for Madrigal Pharmaceuticals Inc happened on February 27, 2024 when B. Riley Securities changed their price target from $204 to $155 for Madrigal Pharmaceuticals Inc.

Q

When is the next analyst rating going to be posted or updated for Madrigal Pharmaceuticals (MDGL)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Madrigal Pharmaceuticals, 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 Madrigal Pharmaceuticals was filed on March 20, 2024 so you should expect the next rating to be made available sometime around March 20, 2025.

Q

Is the Analyst Rating Madrigal Pharmaceuticals (MDGL) correct?

A

While ratings are subjective and will change, the latest Madrigal Pharmaceuticals (MDGL) rating was a maintained with a price target of $325.00 to $405.00. The current price Madrigal Pharmaceuticals (MDGL) is trading at is $213.00, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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