On 7/5/24, Mesoblast Ltd (NASDAQ: MESO) stock enjoyed a major increase of 13.7%, closing at $7.74. This advance was accompanied by normal trading volume. The stock has been exceptionally strong relative to the market over the last nine months and has risen 16.6% during the last week.
Current PriceTarget Research Rating
MESO’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Mesoblast has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Mesoblast has a poor Appreciation Score of 24 but a very high Power Rating of 93, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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