JPMorgan Raises Scholar Rock Price Target Amid Mixed Analyst Views

Scholar Rock (NASDAQ:SRRK) has received an upgraded price target from JPMorgan Chase & Co. The investment firm now predicts that SRRK stock will reach $70.00, up from its previous estimate of $63.00.

This increase in the price target suggests a potential upside of 50.05% for SRRK investors, as the current stock price is around $46.65.

Scholar Rock's research analysts have also issued mixed ratings on the company. While JPMorgan Chase & Co. has given it an 'overweight' rating with a high price target, Barclays downgraded Scholar Rock from 'overweight' to 'cautious', while Citigroup increased its price target to $74.00.