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Stock impact report

Wall Street Analysts Think ImmunityBio (IBRX) Could Surge 184.43%: Read This Before Placing a Bet [Yahoo! Finance]

ImmunityBio, Inc. (IBRX) 
Company Research Source: Yahoo! Finance
While analysts' price targets can be misleading, a strong agreement among them about the company's earnings prospects and a recent increase in EPS estimates suggest a potential upside. Additionally, IBRX's Zacks Rank #2 (Buy) indicates a high likelihood of near-term price appreciation, making it a stock worth considering for investors. Shares of ImmunityBio (IBRX) have gained 41.1% over the past four weeks to close the last trading session at $5.01, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $14.25 indicates a potential upside of 184.4%. The average comprises three short-term price targets ranging from a low of $4.75 to a high of $30, with a standard deviation of $13.74. While the lowest estimate indicates a decline of 5.2% from the current price level, the most optimistic estimate points to a 498.8% upside. More than the range, one should note th Show less Read more
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