MarketBeat Analyst action
Eledon Pharmaceuticals (NASDAQ:ELDN) Upgraded at Wall Street Zen
Wall Street Zen upgraded Eledon Pharmaceuticals (NASDAQ:ELDN) from "strong sell" to "sell," though the broader analyst consensus remains "Hold" with a $9.67 target price. The company reported a quarterly loss of $0.27 per share, missing estimates, and its shares opened at $3.54. Institutional investors hold 56.77% of the stock, with several firms recently initiating or increasing their positions.