Wall Street Analysts Believe Madrigal (MDGL) Could Rally 26.44%: Here's is How to Trade [Yahoo! Finance]
Madrigal Pharmaceuticals, Inc. (MDGL)
Last madrigal pharmaceuticals, inc. earnings: 2/26 06:50 am
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Source: Yahoo! Finance
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 $364.87 indicates a potential upside of 26.4%. The average comprises 15 short-term price targets ranging from a low of $155 to a high of $507, with a standard deviation of $81.13. While the lowest estimate indicates a decline of 46.3% from the current price level, the most optimistic estimate points to a 75.7% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable. However, an impressive consensus price target is not the o
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News
- Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL) had its "neutral" rating re-affirmed by analysts at Cantor Fitzgerald.MarketBeat
- 1 Growing Biotech Stock to Buy Today With $1,000 and Hold for 5 Years or More [Yahoo! Finance]Yahoo! Finance
- Here's Why Madrigal (MDGL) is a Great Momentum Stock to Buy [Yahoo! Finance]Yahoo! Finance
- Madrigal Pharmaceuticals, Inc. Announces Participation at Three Upcoming Investor ConferencesGlobeNewswire
- Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL) had its price target raised by analysts at B. Riley from $194.00 to $236.00. They now have a "neutral" rating on the stock.MarketBeat