Ultragenyx Pharmaceutical (NASDAQ:RARE) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Friday.
A number of other analysts have also weighed in on the stock. Zacks Investment Research lowered shares of Ultragenyx Pharmaceutical from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. Evercore ISI upgraded shares of Ultragenyx Pharmaceutical from an “in-line” rating to an “outperform” rating in a research note on Monday, January 22nd. Credit Suisse Group assumed coverage on shares of Ultragenyx Pharmaceutical in a research note on Wednesday, January 17th. They set an “outperform” rating and a $67.00 target price on the stock. Raymond James Financial restated a “buy” rating on shares of Ultragenyx Pharmaceutical in a research note on Friday, December 15th. Finally, Canaccord Genuity set a $80.00 target price on shares of Ultragenyx Pharmaceutical and gave the stock a “buy” rating in a research note on Tuesday, December 5th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $72.06.
Shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) opened at $44.47 on Friday. Ultragenyx Pharmaceutical has a one year low of $41.67 and a one year high of $91.35.
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About Ultragenyx Pharmaceutical
Ultragenyx Pharmaceutical Inc is a clinical-stage biopharmaceutical company. The Company is focused on the identification, acquisition, development, and commercialization of products for the treatment of genetic diseases. Its clinical-stage pipeline consists of two product categories: biologics (including a monoclonal antibody and an enzyme replacement therapy), and small-molecule substrate replacement therapies.
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