Where Morphic Holding Stands With Analysts
Morphic Holding (NASDAQ:MORF) has observed the following analyst ratings within the last quarter:
Stifel Initiates Coverage On Morphic Holding with Buy Rating, Announces Price Target of $44
Stifel analyst Alex Thompson initiates coverage on Morphic Holding (NASDAQ:MORF) with a Buy rating and announces Price Target of $44.
Short Volatility Alert: Morphic Holding, Inc.
On Thursday, shares of Morphic Holding, Inc. (NASDAQ: MORF) experienced volatile short activity. After the activity, the stock price went up +11.64% to $31.93.
The overall sentiment for MORF has been Bearish.
SVB Leerink Initiates Coverage On Morphic Holding with Outperform Rating, Announces Price Target of $45
SVB Leerink analyst Mike Kratky initiates coverage on Morphic Holding (NASDAQ:MORF) with a Outperform rating and announces Price Target of $45.
Looking Into Morphic Holding’s Return On Capital Employed
Benzinga Pro data, Morphic Holding (NASDAQ:MORF) reported Q1 sales of $2.38 million. Earnings fell to a loss of $31.48 million, resulting in a 47.11% decrease from last quarter.
Stocks That Hit 52-Week Lows On Wednesday
On Wednesday, 807 companies reached new 52-week lows.
What 4 Analyst Ratings Have To Say About Morphic Holding
Over the past 3 months, 4 analysts have published their opinion on Morphic Holding (NASDAQ:MORF) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.