Aptose Biosciences, Inc. (NASDAQ:APTO) (TSE:APS) was upgraded by analysts at HC Wainwright from a “neutral” rating to a “buy” rating in a research note issued on Thursday, Marketbeat Ratings reports. The firm currently has a $4.00 target price on the biotechnology company’s stock, up from their prior target price of $1.00. HC Wainwright’s price objective suggests a potential upside of 166.67% from the company’s previous close.

APTO has been the topic of a number of other reports. Rodman & Renshaw assumed coverage on shares of Aptose Biosciences in a research report on Thursday, June 8th. They set a “neutral” rating on the stock. ValuEngine raised shares of Aptose Biosciences from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 12th. Canaccord Genuity reaffirmed a “buy” rating and issued a $7.00 price objective on shares of Aptose Biosciences in a research report on Friday, May 12th. Finally, Zacks Investment Research raised shares of Aptose Biosciences from a “hold” rating to a “buy” rating and set a $1.50 price objective on the stock in a research report on Monday, August 14th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. Aptose Biosciences currently has an average rating of “Buy” and an average target price of $6.50.

Shares of Aptose Biosciences (APTO) opened at 1.50 on Thursday. The firm’s 50-day moving average is $1.48 and its 200 day moving average is $1.22. The firm’s market capitalization is $36.04 million. Aptose Biosciences has a 52 week low of $0.78 and a 52 week high of $3.20.

Aptose Biosciences (NASDAQ:APTO) (TSE:APS) last announced its quarterly earnings results on Tuesday, August 8th. The biotechnology company reported ($0.11) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.07. Equities research analysts forecast that Aptose Biosciences will post ($1.61) EPS for the current fiscal year.

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About Aptose Biosciences

Aptose Biosciences Inc (Aptose) is a clinical-stage biotechnology company. The Company is engaged in the development of anticancer drugs that target specific epigenetic processes and signal transduction abnormalities that underlie a particular life-threatening malignancy. Its product pipeline includes cancer drug candidates that exert activity as stand-alone agents and that enhance the activities of other anticancer agents without causing overlapping toxicities.

Analyst Recommendations for Aptose Biosciences (NASDAQ:APTO)

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