Aug. 7 at 9:58 PM
$RIGL Cantor Fitzgerald recently raised its price target to
$32 while maintaining a Neutral rating. That implies about a 15.8% potential upside from current levels.
Investor’s Business Daily (IBD) upgraded Rigel’s SmartSelect Composite Rating from 88 to 97, meaning it’s outperforming 97% of all stocks. IBD also notes a potential breakout around
$25.42, but warns the stock can be volatile due to low trading volume.
MarketBeat shows a 12-month consensus of Hold based on 5 analysts, with an average target price of
$38.20 – about 25% upside potential.
WallStreetZen is even more optimistic, projecting a price target of
$39.75, which would be nearly a 100% increase from current levels.