Metsera (NASDAQ:MTSR) Shares Gap Down – Here’s What Happened

Shares of Metsera, Inc. (NASDAQ:MTSRGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $29.16, but opened at $28.00. Metsera shares last traded at $28.04, with a volume of 95,958 shares.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Bank of America initiated coverage on Metsera in a report on Tuesday, February 25th. They issued a “buy” rating and a $38.00 price target on the stock. Guggenheim assumed coverage on shares of Metsera in a report on Tuesday, February 25th. They set a “buy” rating and a $56.00 price objective on the stock. Evercore ISI started coverage on Metsera in a research report on Tuesday, February 25th. They set an “outperform” rating for the company. Finally, Cantor Fitzgerald started coverage on Metsera in a research report on Tuesday, February 25th. They issued an “overweight” rating on the stock.

Read Our Latest Report on Metsera

Metsera Stock Up 6.8 %

Metsera (NASDAQ:MTSRGet Free Report) last released its quarterly earnings data on Wednesday, March 26th. The company reported ($3.52) earnings per share (EPS) for the quarter.

Metsera Company Profile

(Get Free Report)

Metsera, Inc is a clinical stage biopharmaceutical company, which engages in the development of a next-generation injectable and oral nutrient stimulated hormone, or NuSH, analog peptides to treat obesity, overweight and related conditions. Its product pipeline includes MET-097i, MET-233, and MET-224o.

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