Maxim Group Stick to Their Buy Rating for Mesoblast Ltd
Meh, if they're shorting right now, they really might get burnt:
Maxim Group analyst Jason McCarthy maintained a Buy rating on Mesoblast (NASDAQ:MESO) Ltd on Thursday, setting a price target of $16, which is approximately 55.49% above the present share price of $10.29.McCarthy expects Mesoblast Ltd to post earnings per share (EPS) of $0.00 for the first quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Mesoblast, with an average price target of $12.7.
The analysts price targets range from a high of $18 to a low of $6.In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.31 million and a net profit of -$35.56 million. The company's market cap is $1.21 billion.
According to TipRanks.com, Maxim Group analyst Jason McCarthy is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 78.0% and a 73.50% success rate.
https://www.investing.com/news/maxim-group-stick-to-their-buy-rating-for-mesoblast-ltd-2413142
Ann: Mesoblast Phase 3 Chronic Low Back Pain Results, page-182
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