Alector (NasdaqGS:ALEC) Upgraded to Buy by BTIG, Average One-Year Price Target at $2.14/share

BTIG upgraded Alector (NasdaqGS:ALEC) from Neutral to Buy, with an average one-year price target of $2.14/share, representing a 2.19% decrease from its latest closing price of $2.19/share. The projected annual revenue for Alector is $276MM, an increase of 1,211.86%, and the projected annual non-GAAP EPS is -1.29. The put/call ratio of ALEC is 0.01, indicating a bullish outlook.