Canaccord Genuity analyst Arlinda Lee maintained a Buy rating on Black Diamond Therapeutics (NASDAQ:BDTX) on Monday, setting a price target of $50, which is approximately 54.89% above the present share price of $32.28.
Lee expects Black Diamond Therapeutics to post earnings per share (EPS) of -$0.41 for the fourth quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Black Diamond Therapeutics, with an average price target of $51.5.
The analysts price targets range from a high of $53 to a low of $50.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $0 and a net profit of -$15.03 million. The company's market cap is $1.16 billion.
According to TipRanks.com, Canaccord Genuity analyst Arlinda Lee is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 4.7% and a 48.41% success rate.
Black Diamond Therapeutics, Inc. engages in the biotechnology company that discovers and develops therapeutic agents to target unique oncogenic protein-isoforms. The company was founded by Dr. David M. Epstein and Dr. Elizabeth Buck in 2014 and is headquartered in Cambridge, MA.