Analyst Price Target is $7.00
▲ +142.21% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Acumen Pharmaceuticals in the last 3 months. The average price target is $7.00, with a high forecast of $8.00 and a low forecast of $5.00. The average price target represents a 142.21% upside from the last price of $2.89.
Current Consensus is
Moderate Buy
The current consensus among 4 polled investment analysts is to moderate buy stock in Acumen Pharmaceuticals. This rating changed within the last month from a Hold consensus rating.
Acumen Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops targeted therapies for the treatment of Alzheimer's disease. The company focuses on advancing a targeted immunotherapy drug candidate sabirnetug (ACU193), a recombinant humanized immunoglobulin gamma 2 that completed Phase I clinical trial to target soluble amyloid-beta oligomers. The company has a license agreement with Lonza Sales AG to manufacture and commercialize sabirnetug; and a collaboration and license agreement with Halozyme, Inc. for the development of a subcutaneous formulation of sabirnetug. Acumen Pharmaceuticals, Inc. was incorporated in 1996 and is headquartered in Charlottesville, Virginia.
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