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Recursion Pharmaceuticals Stock Has 33% Upside, According to 1 Wall Street Analyst


On Monday, Keybanc analyst Scott Schoenhaus revised his price target on Recursion Pharmaceuticals (NASDAQ: RXRX) upward, opining the stock would climb by 33% and hit $16. The call came days after the rare-disease drug developer reported 2023 fourth-quarter earnings, which caused the market to dump its shares to the tune of 13%.

Here's what Shoenhaus could be thinking will catalyze a reversal for this stock.

In January, Recursion made an interesting decision regarding one of the assets it's developing in its fibrotic disease collaboration with .

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Source Fool.com

Bayer AG Stock

€27.75
-3.310%
Heavy losses for Bayer AG today as the stock fell by -€0.950 (-3.310%).
Currently there is a rather positive sentiment for Bayer AG with 16 Buy predictions and 7 Sell predictions.
As a result the target price of 45 € shows a very positive potential of 62.19% compared to the current price of 27.75 € for Bayer AG.
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