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Metsera (NASDAQ:MTSR) Reaches New 12-Month Low - What's Next?

Metsera logo with Medical background
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Shares of Metsera, Inc. (NASDAQ:MTSR - Get Free Report) reached a new 52-week low on Tuesday . The stock traded as low as $15.34 and last traded at $16.45, with a volume of 1606066 shares traded. The stock had previously closed at $16.80.

Wall Street Analyst Weigh In

MTSR has been the subject of several research analyst reports. Cantor Fitzgerald started coverage on Metsera in a research report on Tuesday, February 25th. They set an "overweight" rating for the company. Evercore ISI assumed coverage on shares of Metsera in a report on Tuesday, February 25th. They set an "outperform" rating for the company. Bank of America started coverage on shares of Metsera in a research note on Tuesday, February 25th. They issued a "buy" rating and a $38.00 target price on the stock. Finally, Guggenheim began coverage on shares of Metsera in a research note on Tuesday, February 25th. They set a "buy" rating and a $56.00 price target for the company.

Get Our Latest Report on MTSR

Metsera Stock Up 7.0 %

The company has a 50 day simple moving average of $25.74.

Metsera (NASDAQ:MTSR - Get Free Report) last issued its earnings results on Wednesday, March 26th. The company reported ($3.52) earnings per share for the quarter.

About Metsera

(Get Free Report)

Metsera, Inc is a clinical stage biopharmaceutical company, which engages in the development of a next-generation injectable and oral nutrient stimulated hormone, or NuSH, analog peptides to treat obesity, overweight and related conditions. Its product pipeline includes MET-097i, MET-233, and MET-224o.

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