Compugen (CGEN) Gets a Buy Rating from Leerink Partners

In a report issued on February 26, Daina Graybosch from Leerink Partners maintained a Buy rating on Compugen (CGENResearch Report). The company’s shares closed last Tuesday at $9.91.

According to TipRanks.com, Graybosch is a 4-star analyst with an average return of 40.1% and a 61.5% success rate. Graybosch covers the Healthcare sector, focusing on stocks such as Silverback Therapeutics, Bolt Biotherapeutics, and Fate Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Compugen with a $21.50 average price target, implying an 114.8% upside from current levels. In a report issued on February 25, Oppenheimer also assigned a Buy rating to the stock with a $19.00 price target.

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The company has a one-year high of $19.90 and a one-year low of $5.94. Currently, Compugen has an average volume of 1.35M.

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Compugen Ltd. engages in the research, development, and commercialization of therapeutic and diagnostic biomarker product candidates including proteins and monoclonal antibodies. It focuses its research and development on immuno-oncology and autoimmune diseases. The company was founded by Eli Mintz, Simchon Faigler, and Amir Natan on February 10, 1993 and is headquartered in Holon, Israel.