T2 Biosystems Inc (TTOO)

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Shares of T2 Biosystems Inc (NASDAQ:TTOO) have earned an average recommendation of “Buy” from the eight analysts that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $1.83.

TTOO has been the topic of several research reports. ValuEngine upgraded T2 Biosystems from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Zacks Investment Research raised shares of T2 Biosystems from a “hold” rating to a “buy” rating and set a $0.50 target price on the stock in a report on Saturday, May 9th. Finally, SVB Leerink restated an “outperform” rating and issued a $2.00 price target (down from $5.00) on shares of T2 Biosystems in a research report on Wednesday, May 6th.