3 Biotech Stocks That Soared This Week: Are They Buys?
Earnings season continued to be in high gear this week. Positive quarterly results helped propel several biotech stocks higher over the last few days. Others jumped because of good news for their pipelines.
Three biotech stocks that especially soared this week were Nektar Therapeutics (NASDAQ: NKTR), Sage Therapeutics (NASDAQ: SAGE), and Valeant Pharmaceuticals (NYSE: VRX). Here's what lit a fire under these stocks -- and, more importantly, whether they're smart picks for investors after the huge gains.
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Source: Fool.com
Sage Therapeutics Inc. Stock
€10.16
0.790%
Currently there is a rather positive sentiment for Sage Therapeutics Inc. with 7 Buy predictions and 4 Sell predictions.
With a target price of 26 € there is potential for a 156.03% increase which would mean more than doubling the current price of 10.16 € for Sage Therapeutics Inc..
