Fintel reports that on July 26, 2024, Baird initiated coverage of Dianthus Therapeutics (NasdaqCM:DNTH) with a Outperform recommendation.
Analyst Price Forecast Suggests 77.02% Upside
As of July 24, 2024, the average one-year price target for Dianthus Therapeutics is $49.72/share. The forecasts range from a low of $38.38 to a high of $88.20. The average price target represents an increase of 77.02% from its latest reported closing price of $28.09 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Dianthus Therapeutics is 0MM, a decrease of 100.00%. The projected annual non-GAAP EPS is 0.02.
What is the Fund Sentiment?
There are 121 funds or institutions reporting positions in Dianthus Therapeutics. This is an increase of 40 owner(s) or 49.38% in the last quarter. Average portfolio weight of all funds dedicated to DNTH is 0.43%, an increase of 217.48%. Total shares owned by institutions increased in the last three months by 157.13% to 26,517K shares. 
The put/call ratio of DNTH is 4.00, indicating a bearish outlook.
What are Other Shareholders Doing?
Bain Capital Life Sciences Investors holds 2,992K shares representing 10.19% ownership of the company.
Fairmount Funds Management holds 2,763K shares representing 9.41% ownership of the company. In its prior filing, the firm reported owning 1,929K shares , representing an increase of 30.20%. The firm increased its portfolio allocation in DNTH by 326.36% over the last quarter.
Avidity Partners Management holds 2,718K shares representing 9.26% ownership of the company. In its prior filing, the firm reported owning 1,218K shares , representing an increase of 55.20%. The firm increased its portfolio allocation in DNTH by 469.62% over the last quarter.
Ra Capital Management holds 2,333K shares representing 7.95% ownership of the company.
VR Adviser holds 2,094K shares representing 7.14% ownership of the company. In its prior filing, the firm reported owning 928K shares , representing an increase of 55.70%. The firm increased its portfolio allocation in DNTH by 351.68% over the last quarter.
Dianthus Therapeutics Background Information
(This description is provided by the company.)
magenta therapeutics is a biotechnology company harnessing the power of stem cell science to revolutionize stem cell transplantation for patients with immune- and blood-based diseases. by creating a platform focused on key areas of transplant medicine, magenta therapeutics is pioneering an integrated, but modular approach to stem cell therapies that reboot the blood and immune systems to create patient benefit. founded by internationally recognized leaders in stem cell transplant medicine, magenta therapeutics was launched in 2016 by third rock ventures and atlas venture and is headquartered in cambridge, mass. for more information, please visit www.magentatx.com.
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