On 11/7/23, MacroGenics Inc (NASDAQ: MGNX) stock enjoyed a major increase of 17.1%, closing at $6.37. The stock has risen 23.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
MGNX is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
MacroGenics has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. MacroGenics has a very low Power Rating of 14 and a very low Appreciation Score of 8, with the Lowest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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