Tempest Therapeutics Stock Soars on Positive Liver Cancer Drug Trial Results
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Tempest Therapeutics stock surged nearly 4,000% after positive trial results for its liver cancer drug. Market cap jumped from $3M to $130M.
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Stock has moderated but remains up significantly. Current market cap around $54M.
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Analysts say Tempest was undervalued before and still has "blockbuster opportunity" with cancer drug.
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All analysts tracking Tempest rate it a buy. Average price target suggests 400%+ upside.
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One analyst estimates Tempest could reach $770M market cap. Says current valuation is conservative based on drug's potential.