Contrary to rumors of a price target cut by JonesResearch, recent analyst activities suggest a more positive outlook for Enliven Therapeutics with several firms updating their estimates. Baird notably raised its price target for the company from $32 to $40 on November 15, 2024, while maintaining an "Outperform" rating, according to nasdaq.com. This adjustment reflects a continued belief in the company's potential.
Additionally, HC Wainwright joined this optimistic trend by increasing its price target for Enliven from $37 to $39 on March 21, 2025. The firm assigned a "Buy" rating, further underscoring the confidence within the financial community. These updates highlight the recent wave of analyst favorability toward Enliven's stock.
As of April 17, 2024, the average one-year price target for Enliven was documented at $35.02, representing a 10.75% rise from earlier estimates. This positive reassessment by analysts points to a robust sentiment surrounding Enliven Therapeutics' anticipated financial performance and its strategic direction in the months ahead.