Tectonic Therapeutic Inc has a consensus price target of $60 based on the ratings of 4 analysts. The high is $76 issued by Piper Sandler on June 26, 2024. The low is $49 issued by Leerink Partners on July 24, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Leerink Partners, and Piper Sandler on August 22, 2024, July 24, 2024, and June 26, 2024, respectively. With an average price target of $60 between Wells Fargo, Leerink Partners, and Piper Sandler, there's an implied 205.65% upside for Tectonic Therapeutic Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Tectonic Therapeutic (NASDAQ:TECX) was reported by Wells Fargo on August 22, 2024. The analyst firm set a price target for $55.00 expecting TECX to rise to within 12 months (a possible 180.18% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Tectonic Therapeutic (NASDAQ:TECX) was provided by Wells Fargo, and Tectonic Therapeutic initiated their overweight rating.
There is no last upgrade for Tectonic Therapeutic
There is no last downgrade for Tectonic Therapeutic.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Tectonic Therapeutic, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Tectonic Therapeutic was filed on August 22, 2024 so you should expect the next rating to be made available sometime around August 22, 2025.
While ratings are subjective and will change, the latest Tectonic Therapeutic (TECX) rating was a initiated with a price target of $0.00 to $55.00. The current price Tectonic Therapeutic (TECX) is trading at is $19.63, which is within the analyst’s predicted range.
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