Fintel reports that on April 21, 2023, Morgan Stanley reiterated coverage of Disc Medicine (NASDAQ:IRON) with a Overweight recommendation.
Analyst Price Forecast Suggests 17.13% Upside
As of April 6, 2023, the average one-year price target for Disc Medicine is $36.72. The forecasts range from a low of $32.32 to a high of $42.00. The average price target represents an increase of 17.13% from its latest reported closing price of $31.35.
See our leaderboard of companies with the largest price target upside.
The projected annual non-GAAP EPS is -$0.27.
What is the Fund Sentiment?
There are 53 funds or institutions reporting positions in Disc Medicine. This is an increase of 40 owner(s) or 307.69% in the last quarter. Average portfolio weight of all funds dedicated to IRON is 0.62%, an increase of 12,600,557.13%. Total shares owned by institutions increased in the last three months by 16,180.49% to 11,140K shares. The put/call ratio of IRON is 0.00, indicating a bullish outlook.
What are Other Shareholders Doing?
Atlas Venture Life Science Advisors holds 3,462K shares representing 18.22% ownership of the company.
Novo Holdings A holds 2,341K shares representing 12.32% ownership of the company.
Orbimed Advisors holds 2,161K shares representing 11.37% ownership of the company.
5AM Venture Management holds 588K shares representing 3.10% ownership of the company.
Janus Henderson Group holds 500K shares representing 2.63% ownership of the company.
See all Disc Medicine regulatory filings.
This story originally appeared on Fintel.
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