In a report released today, Matthew Biegler from Oppenheimer maintained a Buy rating on Oric Pharmaceuticals (ORIC – Research Report), with a price target of $15.00. The company’s shares closed yesterday at $10.26.
Biegler covers the Healthcare sector, focusing on stocks such as Tyra Bioscience, Regeneron, and IDEAYA Biosciences. According to TipRanks, Biegler has an average return of -1.2% and a 35.51% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Oric Pharmaceuticals with a $18.83 average price target, an 83.53% upside from current levels. In a report released yesterday, JonesTrading also maintained a Buy rating on the stock with a $17.00 price target.
ORIC market cap is currently $723.8M and has a P/E ratio of -5.82.
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Oric Pharmaceuticals (ORIC) Company Description:
ORIC Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. It has a pipeline of therapies designed to counter resistance mechanisms in cancer by leveraging its expertise within three specific areas: hormone-dependent cancers, precision oncology, and key tumor dependencies. The company has product candidates namely, ORIC-101 and ORIC-533.
Read More on ORIC:
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- ORIC Earnings this Week: How Will it Perform?
- Wingstop upgraded, Estee Lauder downgraded: Wall Street’s top analyst calls
- Wells starts Oric Pharmaceuticals with Overweight into ‘de-risking catalysts’
- Oric Pharmaceuticals initiated with an Overweight at Wells Fargo