MyoKardia (NASDAQ:MYOK) Price Target & New Coverage by JPMorgan
JPMorgan issued “Overweight” rating on Myokardia (NASDAQ:MYOK). The firm began coverage on shares of MYOK in an analyst report revealed to clients on Tuesday morning. JPMorgan’s target price indicates upside of 40.44 % from the company’s stock close price.
After the coverage NASDAQ:MYOK is at the moment trading -0.94% lower at $36.85 as of 10:03 AM New York time. MyoKardia’s stock is 0% in the past 200 days. It has underperformed the S&P500, which has surged 6.00% in the same time.
MyoKardia (NASDAQ:MYOK) Profile
MyoKardia, Inc. is a clinical-stage biopharmaceutical company. The Company focuses on the treatment of heritable cardiomyopathies, a group of rare, genetically-driven forms of heart failure that result from biomechanical defects in cardiac muscle contraction. The Company is engaged in the business of developing and commercializing therapeutics.
MyoKardia (NASDAQ:MYOK) traded down -0.94% on 12 December, hitting $36.85. A total of 265,178 shares of the company’s stock traded hands. This is down from average of 334,648 shares. MyoKardia has a 52 week low of $10.55 and a 52 week high of $49.55. The company has a market cap of $1.32B and a P/E ratio of 0.
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