News

We provide the latest news
from the world of economics and finance

Back
24 February
Iterum Therapeutics (ITRM) Price Target Increased by 550.00% to 6.63

The average one-year price target for Iterum Therapeutics (NasdaqCM:ITRM) has been revised to 6.63 / share. This is an increase of 550.00% from the prior estimate of 1.02 dated December 13, 2021.

The price target is an average of many targets provided by analysts. The latest targets range from a low of 6.06 to a high of 7.35 / share. The average price target represents an increase of 391.11% from the latest reported closing price of 1.35 / share.

What is the Fund Sentiment?

There are 14 funds or institutions reporting positions in Iterum Therapeutics. This is an increase of 12 owner(s) or 600.00% in the last quarter. Average portfolio weight of all funds dedicated to ITRM is 0.02%, an increase of 70,293.94%. Total shares owned by institutions increased in the last three months by 371,421.15% to 386K shares.

What are Other Shareholders Doing?

Apollon Financial holds 200K shares representing 1.49% ownership of the company.

New Leaf Venture Partners, L.L.C. holds 97K shares representing 0.72% ownership of the company. No change in the last quarter.

Renaissance Technologies holds 50K shares representing 0.37% ownership of the company. In it's prior filing, the firm reported owning 47K shares, representing an increase of 6.01%. The firm increased its portfolio allocation in ITRM by 134.13% over the last quarter.

Susquehanna International Group, Llp holds 18K shares representing 0.13% ownership of the company. In it's prior filing, the firm reported owning 48K shares, representing a decrease of 171.81%. The firm decreased its portfolio allocation in ITRM by 59.77% over the last quarter.

Royal Bank Of Canada holds 10K shares representing 0.07% ownership of the company.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.