Mustang Bio gains as Cantor sees 108% upside

Mustang Bio (NASDAQ:MBIO) is up 8.6% after hours following an initiation at Overweight by Cantor.

The firm set its price target at $7, implying 108% upside from today’s close of $3.37.

Shares had fallen 6.9% on very light volume during the regular session.

Sell-side analysts rate the stock Buy on average, and Seeking Alpha authors are also Bullish, while the stock has a Quant Rating of Neutral.

https://seekingalpha.com/news/3472837-mustang-bio-plus-8_6-percent-cantor-sees-108-percent-upside