TRACON Pharmaceuticals Inc has a consensus price target of $4.4, established from looking at the 10 latest analyst ratings. The last 3 analyst ratings were released from HC Wainwright & Co., HC Wainwright & Co., and HC Wainwright & Co. on April 3, 2024, March 6, 2024, and November 20, 2023. With an average price target of $5.33 between HC Wainwright & Co., HC Wainwright & Co., and HC Wainwright & Co., there's an implied 186.74% upside for TRACON 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 |
---|---|---|---|---|---|---|---|---|---|---|---|
04/03/2024 | TCON | Buy Now | TRACON Pharma | $1.86 | 61.29% | HC Wainwright & Co. | Edward White | $120 → $60 | Maintains | Buy | Get Alert |
03/06/2024 | TCON | Buy Now | TRACON Pharma | $1.86 | 222.58% | HC Wainwright & Co. | Edward White | $140 → $120 | Maintains | Buy | Get Alert |
11/20/2023 | TCON | Buy Now | TRACON Pharma | $1.86 | 276.34% | HC Wainwright & Co. | Edward White | → $140 | Reiterates | Buy → Buy | Get Alert |
08/21/2023 | TCON | Buy Now | TRACON Pharma | $1.86 | — | JonesTrading | Soumit Roy | — | Downgrade | Buy → Hold | Get Alert |
08/15/2023 | TCON | Buy Now | TRACON Pharma | $1.86 | 61.29% | Baird | Joel Beatty | $140 → $60 | Maintains | Outperform | Get Alert |
05/11/2023 | TCON | Buy Now | TRACON Pharma | $1.86 | 61.29% | Maxim Group | Jason McCarthy | $160 → $60 | Maintains | Buy | Get Alert |
05/11/2023 | TCON | Buy Now | TRACON Pharma | $1.86 | 276.34% | Baird | Joel Beatty | $160 → $140 | Maintains | Outperform | Get Alert |
03/09/2023 | TCON | Buy Now | TRACON Pharma | $1.86 | 545.16% | HC Wainwright & Co. | Edward White | → $240 | Reiterates | → Buy | Get Alert |
02/23/2022 | TCON | Buy Now | TRACON Pharma | $1.86 | 437.63% | Baird | Joel Beatty | → $200 | Initiates | → Outperform | Get Alert |
06/04/2021 | TCON | Buy Now | TRACON Pharma | $1.86 | 598.92% | Alliance Global Partners | — | → $260 | Initiates | → Buy | Get Alert |
The latest price target for TRACON Pharma (NASDAQ: TCON) was reported by HC Wainwright & Co. on April 3, 2024. The analyst firm set a price target for $3.00 expecting TCON to rise to within 12 months (a possible 61.29% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for TRACON Pharma (NASDAQ: TCON) was provided by HC Wainwright & Co., and TRACON Pharma maintained their buy rating.
There is no last upgrade for TRACON Pharma.
The last downgrade for TRACON Pharmaceuticals Inc happened on August 21, 2023 when JonesTrading changed their price target from N/A to N/A for TRACON Pharmaceuticals Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TRACON Pharma, 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 TRACON Pharma was filed on April 3, 2024 so you should expect the next rating to be made available sometime around April 3, 2025.
While ratings are subjective and will change, the latest TRACON Pharma (TCON) rating was a maintained with a price target of $6.00 to $3.00. The current price TRACON Pharma (TCON) is trading at is $1.86, which is out of the analyst’s predicted range.
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