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Allakos Inc (ALLK) Stock: Do Analysts Think You Should Sell?

Wednesday, November 29, 2023 12:42 PM | InvestorsObserver Analysts

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Allakos Inc (ALLK) Stock: Do Analysts Think You Should Sell?

Wall Street is positive on Allakos Inc (ALLK). On average, analysts give the stock a Buy rating. The average price target is $8, which means analysts expect the stock to rise by 280.95% over the next twelve months. That average ranking earns the stock an Analyst Rating of 20, which is better than 20% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.5
Wall Street analysts are rating ALLK a Buy today. Find out what this means to you and get the rest of the rankings on ALLK!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Allakos Inc Stock Today?

Allakos Inc (ALLK) stock is trading at $2.10 as of 12:33 PM on Wednesday, Nov 29, a rise of $0.28, or 15.36% from the previous closing price of $1.82. The stock has traded between $1.82 and $2.13 so far today. Volume today is 552,850 compared to average volume of 582,542. Click Here to get the full Stock Report for Allakos Inc stock.

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