3 Biotech Stocks That Skyrocketed This Week: Can They Go Higher?
One great thing about the biotech industry is that there are nearly always some winners. Regardless of what's going on in the world or in the broader market, at least a few biotech stocks are likely to gain momentum week in and week out.
Three such winners over the past five days are Madrigal Pharmaceuticals (NASDAQ: MDGL), Alnylam Pharmaceuticals (NASDAQ: ALNY), and Arbutus Biopharma (NASDAQ: ABUS). Here's why these three biotech stocks skyrocketed this week -- and a look at whether or not they can go even higher.
Image source: Getty Images.
Source: Fool.com
Sanofi S.A. ADR Stock
€48.20
-1.240%
With 11 Buy predictions and not the single Sell prediction the community is currently very high on Sanofi S.A. ADR.
As a result the target price of 55 € shows a slightly positive potential of 14.11% compared to the current price of 48.2 € for Sanofi S.A. ADR.
