Mizuho Securities analyst Salim Syed maintained a Buy rating on Atara Biotherapeutics (NASDAQ:ATRA) on Monday, setting a price target of $41, which is approximately 224.37% above the present share price of $12.64.
Syed expects Atara Biotherapeutics to post earnings per share (EPS) of -$0.86 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Atara Biotherapeutics, with an average price target of $49.33.
The analysts price targets range from a high of $78 to a low of $29.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $3.55 million and a net profit of -$78.25 million. The company's market cap is $1.06 billion.
According to TipRanks.com, Mizuho Securities analyst Salim Syed is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.2% and a 44.84% success rate.
Atara Biotherapeutics, Inc. operates as a clinical stage company, which engages in the development of novel therapeutics for patients with cancer, autoimmune, and viral diseases. Its pipeline includes Tab-cel, ATA188, ATA2271/ATA3271, and ATA3219. The company was founded by Isaac E. Ciechanover on August 22, 2012 and is headquartered in South San Francisco, CA.