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Wedbush Initiates Coverage on Telix Pharmaceuticals Limited American Depositary Shares (NASDAQ:TLX)

Telix Pharmaceuticals Limited American Depositary Shares logo with Medical background

Equities research analysts at Wedbush started coverage on shares of Telix Pharmaceuticals Limited American Depositary Shares (NASDAQ:TLX - Get Free Report) in a research note issued to investors on Thursday, Marketbeat.com reports. The firm set an "outperform" rating and a $22.00 price target on the stock. Wedbush's price target indicates a potential upside of 31.19% from the stock's current price.

Separately, William Blair reiterated an "outperform" rating on shares of Telix Pharmaceuticals Limited American Depositary Shares in a report on Wednesday, March 12th.

Read Our Latest Stock Analysis on TLX

Telix Pharmaceuticals Limited American Depositary Shares Price Performance

Shares of Telix Pharmaceuticals Limited American Depositary Shares stock traded down $0.59 during mid-day trading on Thursday, reaching $16.77. 12,873 shares of the stock traded hands, compared to its average volume of 26,048. The business has a 50-day moving average of $16.76 and a 200 day moving average of $16.83. Telix Pharmaceuticals Limited American Depositary Shares has a fifty-two week low of $13.61 and a fifty-two week high of $30.36.

Institutional Trading of Telix Pharmaceuticals Limited American Depositary Shares

A hedge fund recently bought a new stake in Telix Pharmaceuticals Limited American Depositary Shares stock. ABC Arbitrage SA purchased a new stake in Telix Pharmaceuticals Limited American Depositary Shares (NASDAQ:TLX - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 26,939 shares of the company's stock, valued at approximately $451,000.

About Telix Pharmaceuticals Limited American Depositary Shares

(Get Free Report)

Telix Pharmaceuticals Limited. engages in the development and commercialization of several clinical-stage oncology assets. It operates through the following segments: Commercial, Product Development, and Group and Unallocated. The Commercial segment includes sales of Illuccix and other products subsequent to obtaining regulatory approvals.

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