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Niagen Bioscience (NASDAQ:NAGE) Raised to Strong-Buy at Wall Street Zen

Niagen Bioscience logo with Medical background

Niagen Bioscience (NASDAQ:NAGE - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Sunday.

A number of other brokerages have also recently commented on NAGE. Roth Capital reiterated a "buy" rating and set a $23.00 target price (up previously from $10.00) on shares of Niagen Bioscience in a report on Friday, June 6th. Canaccord Genuity Group upped their price objective on Niagen Bioscience from $13.00 to $16.00 and gave the company a "buy" rating in a research report on Tuesday, June 10th.

View Our Latest Stock Analysis on NAGE

Niagen Bioscience Price Performance

Shares of NAGE opened at $13.44 on Friday. Niagen Bioscience has a 1-year low of $2.31 and a 1-year high of $14.49. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 79.06 and a beta of 2.08. The firm has a 50 day simple moving average of $10.06 and a 200-day simple moving average of $7.38.

About Niagen Bioscience

(Get Free Report)

Niagen Bioscience, Inc is a global bioscience company, which engages in acquiring, developing, and commercializing proprietary-based ingredient technologies. It is pioneering research on nicotinamide adenine dinucleotide (NAD+). The company's patent portfolio includes Nicotinamide Riboside (NR) and other NAD+ precursors, which are commercialized as the flagship ingredient Niagen.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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