H.C. Wainwright analyst Patrick Trucchio reiterated a Buy rating on Arrowhead Pharmaceuticals (NASDAQ:ARWR) on Tuesday, setting a price target of $90, which is approximately 43.93% above the present share price of $62.53.
Trucchio expects Arrowhead Pharmaceuticals to post earnings per share (EPS) of -$0.48 for the fourth quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Arrowhead Pharmaceuticals, with an average price target of $79.44.
The analysts price targets range from a high of $98 to a low of $31.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $7.63 million and a net profit of -$50.12 million. The company's market cap is $5.86 billion.
According to TipRanks.com, H.C. Wainwright analyst Patrick Trucchio is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 2.1% and a 41.18% success rate.
Arrowhead Pharmaceuticals, Inc. operates as a biopharmaceutical company. It develops medicines that treat intractable diseases by silencing the genes that cause them. The company was founded by R. Bruce Stewart in 1989 and is headquartered in Pasadena, CA.