SBTX has been the topic of a number of other reports. The Goldman Sachs Group lowered Silverback Therapeutics from a buy rating to a neutral rating in a report on Friday, April 1st. HC Wainwright lowered Silverback Therapeutics from a buy rating to a neutral rating in a report on Friday, April 1st. Zacks Investment Research raised Silverback Therapeutics from a hold rating to a buy rating and set a $3.75 price objective on the stock in a report on Wednesday, April 6th. SVB Leerink lowered Silverback Therapeutics from an outperform rating to a market perform rating in a report on Friday, April 1st. Finally, Jonestrading lowered Silverback Therapeutics from a buy rating to a hold rating in a report on Friday, April 1st. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Silverback Therapeutics has an average rating of Hold and an average price target of $27.15.
NASDAQ:SBTX traded down $0.07 during mid-day trading on Friday, hitting $2.96. 358,537 shares of the company’s stock traded hands, compared to its average volume of 359,440. The company has a fifty day moving average of $3.42 and a 200 day moving average of $5.09. Silverback Therapeutics has a twelve month low of $2.80 and a twelve month high of $35.63.
Silverback Therapeutics Company Profile (Get Rating)
Silverback Therapeutics, Inc, a clinical-stage biopharmaceutical company, develops tissue targeted therapeutics for the treatment of cancer, chronic viral infections, and other serious diseases. Its lead product candidate is SBT6050, which is in a Phase I/Ib clinical trial, a TLR8 agonist linker-payload conjugated to a HER2-directed monoclonal antibody that targets tumors, such as breast, gastric, and non-small cell lung cancers.
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