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.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
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03/20/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 90.14% | Evercore ISI Group | Liisa Bayko | $325 → $405 | Maintains | Outperform | Get Alert |
03/15/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 92.49% | UBS | Eliana Merle | $337 → $410 | Maintains | Buy | Get Alert |
03/15/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 83.1% | TD Cowen | Ritu Baral | $349 → $390 | Maintains | Outperform | Get Alert |
03/15/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 26.76% | B. Riley Securities | Mayank Mamtani | $155 → $270 | Upgrade | Sell → Neutral | Get Alert |
03/15/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 82.63% | Citigroup | David Lebovitz | $382 → $389 | Maintains | Buy | Get Alert |
03/15/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 86.38% | JMP Securities | Jonathan Wolleben | — | Maintains | Outperform | Get Alert |
03/15/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 76.06% | Oppenheimer | Jay Olson | $320 → $375 | Maintains | Outperform | Get Alert |
03/15/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 77% | Canaccord Genuity | Edward Nash | $338 → $377 | Maintains | Buy | Get Alert |
03/15/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 99.53% | HC Wainwright & Co. | Ed Arce | $405 → $425 | Maintains | Buy | Get Alert |
03/14/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 57.75% | Piper Sandler | Yasmeen Rahimi | → $336 | Reiterates | Overweight → Overweight | Get Alert |
03/12/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 90.14% | HC Wainwright & Co. | Ed Arce | $275 → $405 | Maintains | Buy | Get Alert |
03/08/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 58.69% | Canaccord Genuity | Edward Nash | $336 → $338 | Maintains | Buy | Get Alert |
03/06/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 79.34% | Citigroup | David Lebowitz | → $382 | Initiates | → Buy | Get Alert |
03/01/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 50.23% | Oppenheimer | Jay Olson | $300 → $320 | Maintains | Outperform | Get Alert |
02/27/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | -27.23% | B. Riley Securities | Mayank Mamtani | $204 → $155 | Downgrade | Neutral → Sell | Get Alert |
02/26/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | -27.23% | B. Riley Securities | Mayank Mamtani | → $155 | Downgrade | Neutral → Sell | Get Alert |
02/23/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 62.91% | JMP Securities | Jonathan Wolleben | → $347 | Reiterates | Market Outperform → Market Outperform | Get Alert |
02/16/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 62.91% | JMP Securities | Jonathan Wolleben | → $347 | Reiterates | Market Outperform → Market Outperform | Get Alert |
01/24/2024 | MDGL | Buy Now | Madrigal Pharmaceuticals | $213.00 | 57.75% | Piper Sandler | Yasmeen Rahimi | $305 → $336 | Maintains | Overweight | Get Alert |
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.
The latest analyst rating for Madrigal Pharmaceuticals (NASDAQ: MDGL) was provided by Evercore ISI Group, and Madrigal Pharmaceuticals maintained their outperform rating.
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.
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.
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.
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.
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