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Currently, the analyst consensus on Spero Therapeutics Inc is a Moderate Buy with an average price target of $27, which is an 112.8% upside from current levels. In a report issued on May 9, Cantor Fitzgerald also maintained a Buy rating on the stock with a $27 price target.
Based on Spero Therapeutics Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $10.6 million. In comparison, last year the company had a GAAP net loss of $10.64 million.
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Spero Therapeutics, Inc. is a clinical-stage biopharmaceutical company which focuses on identifying, developing, and commercializing novel treatments for multi-drug resistant, or MDR, bacterial infections. Its pipeline product candidates include SPR994, SPR741, and SPR206.