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Absci Stock Soars 12% on Analyst Upgrade
Generated by AI AgentAinvest Pre-Market Radar
Friday, Jun 20, 2025 4:20 am ET1min read
Absci's stock surged 12% in pre-market trading on June 20, 2025, marking a significant rise that has caught the attention of investors and analysts alike.
KeyCorp recently upgraded their price target for
, increasing it from $5.00 to $9.00 and assigning an "overweight" rating to the stock. This move reflects a growing optimism among analysts regarding the company's future prospects.Absci Corporation reported a Q1 loss and missed revenue estimates, which could have contributed to the recent volatility in its stock price. However, analysts remain bullish, anticipating a 16% gain ahead for the company.
Despite the recent setbacks, the consensus among analysts is that Absci stock is a "Strong Buy," with an average price target of $8.4, indicating a potential 205.45% increase in the stock's value.
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