Wedbush reaffirmed their outperform rating on shares of Perspective Therapeutics (NYSE:CATX – Free Report) in a research report released on Monday morning,RTT News reports. Wedbush currently has a $11.00 price objective on the stock.
Several other analysts have also recently commented on the company. Scotiabank began coverage on Perspective Therapeutics in a research report on Friday, March 7th. They issued a “sector outperform” rating and a $15.00 target price for the company. Cantor Fitzgerald raised Perspective Therapeutics to a “strong-buy” rating in a research report on Tuesday, March 4th. Oppenheimer decreased their target price on Perspective Therapeutics from $22.00 to $16.00 and set an “outperform” rating for the company in a research report on Friday, November 22nd. Brookline Capital Management raised Perspective Therapeutics to a “strong-buy” rating in a research report on Monday, March 10th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $16.00 target price on shares of Perspective Therapeutics in a research report on Tuesday, January 14th. One analyst has rated the stock with a hold rating, eight have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $14.56.
Read Our Latest Research Report on CATX
Perspective Therapeutics Price Performance
Institutional Trading of Perspective Therapeutics
Several hedge funds and other institutional investors have recently modified their holdings of the company. Y Intercept Hong Kong Ltd bought a new position in Perspective Therapeutics during the fourth quarter valued at about $33,000. Intech Investment Management LLC bought a new position in Perspective Therapeutics during the third quarter valued at about $137,000. Aigen Investment Management LP bought a new position in Perspective Therapeutics during the fourth quarter valued at about $34,000. National Bank of Canada FI raised its holdings in Perspective Therapeutics by 549,900.0% during the fourth quarter. National Bank of Canada FI now owns 11,000 shares of the company’s stock valued at $35,000 after buying an additional 10,998 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Perspective Therapeutics during the third quarter valued at about $152,000. 54.66% of the stock is currently owned by hedge funds and other institutional investors.
About Perspective Therapeutics
Perspective Therapeutics, Inc, together with its subsidiaries, develops precision-targeted alpha therapies (TAT) for oncology that treats cancer patients across multiple tumor types comprising metastatic disease. The company discovers, designs, and develop its initial programs candidates consists of VMT-a-NET, that is currently in Phase 1/2a clinical trials for patients with unresectable or metastatic somatostatin receptor type 2 (SSTR2) expressing tumors that have not previously received peptide-targeted radiopharmaceutical therapy, such as Lutathera, a beta-emitting therapy; and VMT01, which is currently in Phase 1/2a clinical trials for second-line or later treatment of patients with progressive melanocortin 1 receptor (MC1R) positive metastatic melanoma.
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