In a report released yesterday, Mara Goldstein from Mizuho Securities maintained a Hold rating on Corvus Pharmaceuticals (CRVS – Research Report), with a price target of $3.50. The company’s shares closed last Wednesday at $7.49.
According to TipRanks.com, Goldstein is a 4-star analyst with an average return of 14.9% and a 39.3% success rate. Goldstein covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Iovance Biotherapeutics, and Neoleukin Therapeutics.
Currently, the analyst consensus on Corvus Pharmaceuticals is a Moderate Buy with an average price target of $4.83.
The company has a one-year high of $9.54 and a one-year low of $1.86. Currently, Corvus Pharmaceuticals has an average volume of 6.58M.
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Corvus Pharmaceuticals, Inc. is a clinical stage biopharmaceutical company, which engages in the development and commercialization of oncology therapies. The company focuses on disabling cancer’s ability to subvert immune attack by inhibiting adenosine in the tumor microenvironment and by blocking its production by tumors. Its product pipeline includes Adenosine A2A Receptor Antagonist CPI-444, Adenosine Production Inhibitor Anti-CD73, Adenosine A2B Receptor Antagonist, ITK Inhibitor, and Myeloid Cell Suppression. The company was founded by Richard A. Miller, Peter A. Thompson, and Joseph J. Buggy on January 27, 2014 and is headquartered in Burlingame, CA.