{"id":1815,"date":"2024-04-13T07:04:22","date_gmt":"2024-04-12T23:04:22","guid":{"rendered":"https:\/\/applelatest.com\/uncategorized\/1815.html"},"modified":"2024-04-13T07:04:22","modified_gmt":"2024-04-12T23:04:22","slug":"anaptysbio-%e8%82%a1%e7%a5%a8%e6%9c%ac%e5%91%a8%e7%88%b2%e4%bd%95%e5%a4%a7%e6%bc%b2%e8%bf%91-8","status":"publish","type":"post","link":"https:\/\/applelatest.com\/en\/stocks\/1815.html","title":{"rendered":"Why AnaptysBio Stock Is Up Nearly 8 Percent This Week"},"content":{"rendered":"<div contentscore=\"2495\">\n<figure>\n<div>\n<div>\n<div><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-1816\" src=\"https:\/\/applelatest.com\/wp-content\/uploads\/2024\/04\/6d4ca60e4bf6007bfa980859a3414034.jpg\" width=\"960\" height=\"469\" alt=\"6d4ca60e4bf6007bfa980859a3414034\" title=\"6d4ca60e4bf6007bfa980859a3414034\" srcset=\"https:\/\/applelatest.com\/wp-content\/uploads\/2024\/04\/6d4ca60e4bf6007bfa980859a3414034.jpg 960w, https:\/\/applelatest.com\/wp-content\/uploads\/2024\/04\/6d4ca60e4bf6007bfa980859a3414034-300x147.jpg 300w, https:\/\/applelatest.com\/wp-content\/uploads\/2024\/04\/6d4ca60e4bf6007bfa980859a3414034-768x375.jpg 768w, https:\/\/applelatest.com\/wp-content\/uploads\/2024\/04\/6d4ca60e4bf6007bfa980859a3414034-18x9.jpg 18w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/div>\n<\/div>\n<\/div>\n<\/figure>\n<p>Many stocks have wobbled over the past few trading sessions, but biotech companies<strong>AnaptysBio<\/strong> <span>(NASDAQ resonance code: ANAB)<\/span>The situation is not encouraging. According to data compiled by S&amp;P Global Market Intelligence, the company's shares closed the week up nearly 8%, thanks to a research report from a high-profile and influential bank.<\/p>\n<h2>Wells Fargo's Outstanding Performance<\/h2>\n<p>Thursday before rock.<strong>Wells Fargo<\/strong>(NASDAQ: ANAPTYSBIO) added to its holdings in AnaptysBio, Inc. with a Buy recommendation and a price target of $56 per share. This is very bullish for the company, as its recent closing price of $22.71 was less than half of that.<\/p>\n<p>In the bank's view, the biotech company is grossly undervalued because its product line is a \"sleeper product\" among investors.<\/p>\n<p>Wells Fargo highlighted AnaptysBio's rosnilimab, which, in the company's words, \"reduces inflammation in overactive T-cells\" (T-cells are white blood cells that help people fight infection). According to Wells Fargo, rosnilimab is a good match for drug giant<strong>Eli Lilly<\/strong>The company is highly competitive with peresolimab, which is currently in development.<\/p>\n<h2>Potential Double Dose<\/h2>\n<p>While it may seem exaggerated to some that the stock price is expected to rise by more than 100%, such an increase is not uncommon in the biotechnology field, especially for companies like AnaptysBio that are in the clinical pipeline. If an investigational drug performs well in clinical trials and is brought to market, the company behind it can reap significant rewards. Wells Fargo clearly believes that AnaptysBio has a shot at rosnilimab; we will see if it can realize that potential.<\/p>\n<h2>Should you invest $1,000 in AnaptysBio now?<\/h2>\n<p>Consider this before you buy shares of AnaptysBio:<\/p>\n<p><em>Motley Fool Stock Advisor<\/em>The analyst team has just ranked what they think investors are doing right now.<strong>-est (superlative suffix)<\/strong>Worth Buying<strong>of 10<\/strong>Only ...... and not AnaptysBio. The 10 stocks that made the list could generate huge returns in the years to come.<\/p>\n<div><\/div>\n<p><em>Stock Advisor<\/em>It provides investors with an easy-to-understand blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. Since 2002, Stock<em>Advisor<\/em>The service has more than doubled the return on the S&amp;P 500 Index.<\/p>\n<p><strong>View 10 stocks only<\/strong><\/p>\n<div>\n<div data-wf-benji-page-context='{\"pageUrl\":\"https:\/\/finance.yahoo.com\/news\/why-anaptysbio-stock-zoomed-nearly-230050158.html\",\"spaceid\":\"1183300249\",\"site\":\"finance\",\"hashtag\":\"investments;stocks;finance\",\"lmsid\":\"a0770000002l8YwAAI\",\"lpstaid\":\"86cd4282-5001-3c04-831d-53a1e2d8e940\",\"pct\":\"story\"}' data-wf-benji-wafer-config='{\"updateI13n\":true}' data-wf-benji-config='{\"positions\":{\"INARTICLE-86cd4282-5001-3c04-831d-53a1e2d8e9401712963047984\":{\"id\":\"INARTICLE-86cd4282-5001-3c04-831d-53a1e2d8e9401712963047984\",\"path\":\"\/22888152279\/${REGION}\/yfin\/ros\/dt\/${REGION}_yfin_ros_dt_mid_center\",\"region\":\"index\",\"size\":\"fluid\",\"kvs\":{\"loc\":\"mid_center\"},\"disableRefresh\":true}}}' id=\"sda-INARTICLE-86cd4282-5001-3c04-831d-53a1e2d8e9401712963047984\" data-wf-trigger=\"onLoad\" data-wf-margin=\"100 0\" data-hide-ad-string>\n<div id=\"INARTICLE-86cd4282-5001-3c04-831d-53a1e2d8e9401712963047984\"><\/div>\n<\/div>\n<\/div>\n<p><em><em><span>*Stock Advisory Rates as of April 8, 2024<\/span><\/em><\/em><\/p>\n<p><em>Wells Fargo &amp; Co. is an advertising\u90c3 partner of The Ascent, a Motley Fool company.Eric Volkman does not own any of the above stocks.The Motley Fool recommends AnaptysBio.The Motley Fool has a disclosure policy.<\/em><\/p>\n<p>Why is AnaptysBio stock up nearly 8% this week?<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Strong new analyst bullishness on the company has helped it rebound in the market.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[55],"tags":[1489],"blocksy_meta":"","yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v19.12) - 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