ANRO

Rodman & Renshaw Initiates Coverage of Alto Neuroscience (ANRO) with Buy Recommendation

Fintel reports that on June 21, 2024, Rodman & Renshaw initiated coverage of Alto Neuroscience (NYSE:ANRO) with a Buy recommendation.

Analyst Price Forecast Suggests 198.46% Upside

As of June 12, 2024, the average one-year price target for Alto Neuroscience is 32.98. The forecasts range from a low of 32.32 to a high of $34.65. The average price target represents an increase of 198.46% from its latest reported closing price of 11.05.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Alto Neuroscience is 0MM, a decrease of 100.00%. The projected annual non-GAAP EPS is -1.73.

What is the Fund Sentiment?

There are 80 funds or institutions reporting positions in Alto Neuroscience. This is an increase of 78 owner(s) or 3,900.00% in the last quarter.

What are Other Shareholders Doing?

ANRO / Alto Neuroscience, Inc. Shares Held by Institutions

Falcon Edge Capital holds 3,708K shares representing 13.80% ownership of the company.

Ra Capital Management holds 1,385K shares representing 5.16% ownership of the company.

Point72 Asset Management holds 1,125K shares representing 4.19% ownership of the company.

72 Investment Holdings holds 668K shares representing 2.48% ownership of the company.

Price T Rowe Associates holds 638K shares representing 2.37% ownership of the company.

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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.

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