| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/15/2023 | 158.03% | SVB Leerink | $13 → $2 | Downgrades | Outperform → Market Perform |
| 08/01/2023 | 1448.19% | Oppenheimer | → $12 | Reiterates | Outperform → Outperform |
| 08/01/2023 | 1448.19% | HC Wainwright & Co. | → $12 | Reiterates | Buy → Buy |
| 06/20/2023 | 1448.19% | Oppenheimer | → $12 | Initiates Coverage On | → Outperform |
| 05/24/2023 | 1448.19% | HC Wainwright & Co. | → $12 | Reiterates | Buy → Buy |
| 05/15/2023 | 1448.19% | HC Wainwright & Co. | → $12 | Initiates Coverage On | → Buy |
| 03/17/2023 | 1964.25% | Cantor Fitzgerald | → $16 | Initiates Coverage On | → Overweight |
| 03/10/2023 | 674.09% | Credit Suisse | → $6 | Reiterates | → Outperform |
| 08/03/2022 | 1577.2% | SVB Leerink | $16 → $13 | Maintains | Outperform |
| 08/06/2021 | 803.11% | Credit Suisse | $12 → $7 | Maintains | Outperform |
| 03/16/2021 | 1448.19% | Credit Suisse | $29 → $12 | Maintains | Outperform |
| 03/16/2021 | 1964.25% | SVB Leerink | $27 → $16 | Maintains | Outperform |
| 11/23/2020 | 3641.45% | Credit Suisse | → $29 | Initiates Coverage On | → Outperform |
| 11/23/2020 | 2609.33% | B of A Securities | → $21 | Initiates Coverage On | → Buy |
| 11/23/2020 | 3383.42% | SVB Leerink | → $27 | Initiates Coverage On | → Outperform |
What is the target price for Galecto (GLTO)?
The latest price target for Galecto (NASDAQ: GLTO) was reported by SVB Leerink on August 15, 2023. The analyst firm set a price target for $2.00 expecting GLTO to rise to within 12 months (a possible 158.03% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Galecto (GLTO)?
The latest analyst rating for Galecto (NASDAQ: GLTO) was provided by SVB Leerink, and Galecto downgraded their market perform rating.
When is the next analyst rating going to be posted or updated for Galecto (GLTO)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Galecto, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Galecto was filed on August 15, 2023 so you should expect the next rating to be made available sometime around August 15, 2024.
Is the Analyst Rating Galecto (GLTO) correct?
While ratings are subjective and will change, the latest Galecto (GLTO) rating was a downgraded with a price target of $13.00 to $2.00. The current price Galecto (GLTO) is trading at is $0.78, which is out of the analyst's predicted range.