Alert: Major Price Advance (7/11/24)-Vanda Pharmaceuticals Inc (NASDAQ: VNDA).

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Vanda Pharmaceuticals Inc (NASDAQ: VNDA) stock enjoyed a major increase of 11.3% on 7/11/24. The shares closed at $5.80. Trading volume in this advance was normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 10.1% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, VNDA is expected to be Value Creation neutral.

Vanda Pharmaceuticals has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Vanda Pharmaceuticals has a slightly positive Appreciation Score of 65 and a good Power Rating of 84, leading to the Highest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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