Vaxart (NASDAQ:VXRT) Given a $2.00 Price Target at HC Wainwright

HC Wainwright set a $2.00 target price on Vaxart (NASDAQ:VXRT) in a report released on Wednesday, TipRanks reports. The firm currently has a buy rating on the biotechnology company’s stock.

A number of other equities analysts also recently commented on VXRT. Brookline Capital Management began coverage on Vaxart in a report on Thursday, August 15th. They issued a buy rating and a $6.00 price objective on the stock. ValuEngine upgraded Vaxart from a hold rating to a buy rating in a report on Thursday, August 1st.

NASDAQ:VXRT opened at $0.66 on Wednesday. The stock’s 50 day moving average price is $0.69 and its 200 day moving average price is $1.08. Vaxart has a 52 week low of $0.55 and a 52 week high of $7.60. The company has a market capitalization of $10.63 million, a P/E ratio of -0.25 and a beta of 0.50. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.29 and a current ratio of 2.29.



Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in Vaxart by 65.4% during the second quarter. Vanguard Group Inc. now owns 89,209 shares of the biotechnology company’s stock valued at $60,000 after buying an additional 35,283 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Vaxart by 120.9% during the second quarter. Renaissance Technologies LLC now owns 739,653 shares of the biotechnology company’s stock valued at $496,000 after buying an additional 404,883 shares in the last quarter. Finally, Dimensional Fund Advisors LP purchased a new stake in Vaxart during the fourth quarter valued at about $33,000. Institutional investors own 7.35% of the company’s stock.

Vaxart Company Profile

Vaxart, Inc, a clinical-stage company, engages in the discovery and development of oral recombinant protein vaccines based on its proprietary oral vaccine platform. The company's product pipeline includes tablet vaccines that are designed to protect against norovirus, seasonal influenza, and respiratory syncytial virus.

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