Goldman Sachs Maintains Neutral on Allakos, Lowers Price Target to $4
Goldman Sachs maintains Allakos (NASDAQ:ALLK) with a Neutral and lowers the price target from $10 to $4.
Barclays Maintains Underweight on Allakos, Lowers Price Target to $2.5
Barclays analyst Carter Gould maintains Allakos (NASDAQ:ALLK) with a Underweight and lowers the price target from $7 to $2.5.
Recap: Allakos Q1 Earnings
Allakos (NASDAQ:ALLK) reported its Q1 earnings results on Friday, May 6, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Allakos missed estimated earnings by 84.62%, reporting an EPS of $-3.6 versus an estimate of $-1.95.
Allakos Q1 EPS $(3.60) Down From $(1.04) YoY
Allakos (NASDAQ:ALLK) reported quarterly losses of $(3.60) per share. This is a 246.15 percent decrease over losses of $(1.04) per share from the same period last year.
Stocks That Hit 52-Week Lows On Wednesday
Wednesday's session saw 784 companies set new 52-week lows.
Stocks That Hit 52-Week Lows On Tuesday
During Tuesday, 581 stocks hit new 52-week lows.
Interesting Highlights From Today's 52-Week Lows
Meta Platforms (NASDAQ:FB) was the biggest company on a market cap basis to set a new 52-week low.
