Dare Bioscience Inc (DARE)

[jl270301]

Based on the 3 sell side analysts who offered a 12-month price target in the last three months. Analysts predict a(n) 300.63% increase from today.
Strong Buy is based on the overall consensus of 3 analysts who offered ratings over the last three months.

Bill & Melinda Gates Foundation gives Dare Bioscience a boost.

Dare Bioscience stock rockets after new $49 million grant from Bill & Melinda Gates Foundation.

Shares of Dare Bioscience Inc. DARE, -3.72% rocketed 63.1% in very active premarket trading Wednesday, after the California-based health care company said it was awarded a new grant of up to $48.95 million from the Bill & Melinda Gates Foundation. Trading volume spiked up to 18.1 million shares, compared with the full-day average of about 3.7 million shares. The new grant is to support the development and preclinical activities to advance Dare's investigational reversible contraceptive, DARE-LARC1, toward testing in humans. As part of the grant agreement, DARE agreed to make DARE-LARC1 and any other products available at an affordable price to people in developing countries, or in support of the U.S. educational system and public libraries. The stock has lost 10.6% over the past three months through Tuesday, while the iShares Nasdaq Biotechnology