Ligand Pharmaceuticals Inc (LGND)

[S-BEES-BUMBLEBEE]

H.C. Wainwright Sticks to Their Buy Rating for Ligand Pharma ($LGND)

Howard Kim
Aug 09, 2022, 12:25 PM

In a report released today, Joseph Pantginis from H.C. Wainwright reiterated a Buy rating on Ligand Pharma ($LGND – Research Report), with a price target of $310.00. The company’s shares closed yesterday at $99.25. (..)

Currently, the analyst consensus on Ligand Pharma is a Strong Buy with an average price target of $168.50.

$LGND market cap is currently $1.67B and has a P/E ratio of 72.00.

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LGND in relation to earlier this year. (..)

Ligand Pharmaceuticals, Inc. is a biopharmaceutical company, which engages in the development and acquisition of technologies that help pharmaceutical companies to discover and develop medicines. Its products include evomela, IV voriconazole, duavee, viviant/conbriza, nexterone, and noxafil-IV. The company was founded by Ronald M. Evans in 1987 and is headquartered in San Diego, CA.

Link: https://www.tipranks.com/news/blurbs/h-c-wainwright-sticks-to-their-buy-rating-for-ligand-pharma-lgnd?utm_source=advfn.com&utm_medium=referral

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