Aug. 20 at 10:52 AM
Before yesterday's surge, Wall Street analysts' average price target for Moderna (
$MRNA) was
$50.84. It is hard to predict in biotech what the peaks will be, not the approx. PT in 12 months.
Usually those peaks are the payoff for holding bags.
$CRVO Dementia company ranges between 7 and 25 USD, but it is now bleeding down under 3 - but the borrow fee for shorting is over 75% p.a.. A valid good news can squeeze this up way above the highest PTs in short term until next catalysts.