Jefferies Assumes Atara Biotherapeutics (ATRA) at Buy

October 24, 2016 7:06 AM EDT
Get Alerts ATRA Hot Sheet
Price: $14.25 -3.06%

Rating Summary:
    4 Buy, 0 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 22 | Down: 32 | New: 34
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Jefferies assumes coverage on Atara Biotherapeutics (NASDAQ: ATRA) with a Buy rating and a price target of $23.00 (from $25.00).

Analyst Gena Wang commented, "ATRA’s off-the-shelf CTL technology could offer differentiated advantages vs. other T-cell therapies. Promising clinical activity from the lead program EBVCTL in PTLD provides initial proof of concept for the technology platform and we see favorable risk/reward for the pivotal studies. Encouraging initial data from other programs could provide additional upside to the stock. Assuming coverage with a Buy rating and $23 PT."

For an analyst ratings summary and ratings history on Atara Biotherapeutics click here. For more ratings news on Atara Biotherapeutics click here.

Shares of Atara Biotherapeutics closed at $14.90 yesterday.

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