Kodiak Sciences Achieves Analyst Price Target Milestone

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Kodiak Sciences Inc (Symbol: KOD) has recently seen its shares rise to $28.04, surpassing the average analyst 12-month target price of $27.50. This movement signals a potential reassessment among analysts, who may respond by downgrading their valuations or raising their target prices based on company developments.

Currently, eight analysts contribute to the target price, with estimates ranging from a low of $2.00 to a high of $50.00. The standard deviation among these targets stands at $15.86, indicating variability in expectations. The average analyst rating for Kodiak is 2.11, categorized as “Hold” based on recent ratings: 5 Strong Buy, 3 Hold, and 1 Strong Sell.

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