<div id="readability-page-1"><p><span>Abeona Therapeutics (NASDAQ:ABEO - Get Free Report)</span> had its price objective boosted by investment analysts at Oppenheimer  from $19.00 to $20.00 in a research note issued on Friday,Benzinga reports. The firm presently has an &#34;outperform&#34; rating on the biopharmaceutical company's stock. Oppenheimer's target price would suggest a potential upside of 177.93% from the stock's current price.</p><p>A number of other analysts have also recently weighed in on the company. Wall Street Zen cut Abeona Therapeutics from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research note on Thursday, May 15th. Alliance Global Partners  restated a &#34;buy&#34; rating on shares of Abeona Therapeutics in a research note on Thursday, May 15th. Stifel Nicolaus cut their price target on Abeona Therapeutics from $21.00 to $20.00 and set a &#34;buy&#34; rating on the stock in a research note on Friday, May 16th. Finally, HC Wainwright  restated a &#34;buy&#34; rating and issued a $20.00 price target on shares of Abeona Therapeutics in a research note on Monday, July 14th. One research analyst  has rated the stock with a sell rating and five have given a buy rating to the company's stock. According to data from MarketBeat, Abeona Therapeutics currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $19.50.</p><div><p><span></span><span>Get <strong>Abeona Therapeutics</strong> alerts:</span></p></div><p><b>Read Our Latest Research Report on ABEO</b></p><h2>Abeona Therapeutics Stock Down 0.5%</h2><p>NASDAQ:ABEO traded down $0.03 during midday trading on Friday, reaching $7.20. The company had a trading volume of 443,058 shares, compared to its average volume of 1,024,247. The firm has a market capitalization of $368.15 million, a price-to-earnings ratio of -5.70 and a beta of 1.55. The stock's fifty day simple moving average is $6.23 and its 200-day simple moving average is $5.73. Abeona Therapeutics has a 12-month low of $3.93 and a 12-month high of $7.54. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.27. </p><p>Abeona Therapeutics (NASDAQ:ABEO - Get Free Report) last released its earnings results on Thursday, August 14th. The biopharmaceutical company reported $1.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.39) by $2.10. The company had revenue of $0.40 million during the quarter, compared to analysts' expectations of $21.71 million.  On average, sell-side analysts anticipate that  Abeona Therapeutics will post -1.16 earnings per share for the current fiscal year. </p><h2>Insider Buying and Selling at Abeona Therapeutics</h2><p>In other news, CFO Joseph Walter Vazzano sold 25,411 shares of Abeona Therapeutics stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $5.86, for a total transaction of $148,908.46. Following the sale, the chief financial officer owned 479,168 shares in the company, valued at approximately $2,807,924.48. The trade was a 5.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this link. Also, Director Faith L. Charles sold 10,738 shares of Abeona Therapeutics stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $5.86, for a total value of $62,924.68. Following the sale, the director owned 139,094 shares in the company, valued at $815,090.84. This trade represents a 7.17% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 231,626 shares of company stock valued at $1,430,587. 6.90% of the stock is owned by insiders. </p><h2>Institutional Trading of Abeona Therapeutics</h2><p>A number of hedge funds and other institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets acquired a new stake in shares of  Abeona Therapeutics during the second quarter worth about $749,000.  Boone Capital Management LLC acquired a new stake in shares of  Abeona Therapeutics during the second quarter worth about $7,126,000.  Bank of America Corp DE increased its position in shares of  Abeona Therapeutics by 154.9% during the second quarter. Bank of America Corp DE now owns 329,884 shares of the biopharmaceutical company's stock worth $1,874,000 after purchasing an additional 200,469 shares in the last quarter.  683 Capital Management LLC increased its position in  Abeona Therapeutics by 11.1% in the 2nd quarter. 683 Capital Management LLC now owns 750,000 shares of the biopharmaceutical company's stock valued at $4,260,000 after acquiring an additional 75,000 shares during the period.  Finally, Adage Capital Partners GP L.L.C. increased its position in  Abeona Therapeutics by 14.2% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 3,072,985 shares of the biopharmaceutical company's stock valued at $17,455,000 after acquiring an additional 381,357 shares during the period. Institutional investors and hedge funds own  80.56% of the company's stock. </p><h2>About Abeona Therapeutics</h2> (Get Free Report)<p>Abeona Therapeutics Inc, a clinical-stage biopharmaceutical company, focuses on developing and delivering gene therapy products for severe and life-threatening rare diseases. The company's lead programs are EB-101 (gene-corrected skin grafts) for recessive dystrophic epidermolysis bullosa (RDEB); ABO-102, which are AAV based gene therapies for Sanfilippo syndrome type A; and ABO-101, an adeno-associated virus (AAV) based gene therapies for Sanfilippo syndrome type B.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Abeona Therapeutics</li><li>3 REITs to Buy and Hold for the Long Term</li><li>Arista Networks: Cashing In as the Tollbooth for AI Traffic</li><li>Pros And Cons Of Monthly Dividend Stocks</li><li>Elbit Systems Jumps on Record Earnings and a $1.6B Contract</li><li>How to invest in marijuana stocks in 7 steps </li><li>Microchip Technologies on Track for Macro Reversal and Rebound</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUJFTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUJFTw"/></p><p><em>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.</em></p><h2>Should You Invest $1,000 in Abeona Therapeutics Right Now?</h2><p>Before you consider Abeona Therapeutics, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Abeona Therapeutics wasn't on the list.</p><p>While Abeona Therapeutics currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ABEO

<p>Oppenheimer has raised its price target for Abeona Therapeutics (NASDAQ:ABEO) from $19.00 to $20.00, maintaining an "outperform" rating. This suggests a potential upside of 177.93% from the current stock price of $7.20. Other analysts have mixed views, with one downgrading the stock to "sell" while others maintain "buy" ratings. Abeona's recent earnings report showed a significant EPS beat, but revenue fell short of expectations. Insider trading activity has also been noted, with CFO and Director selling shares recently.</p>

Abeona Therapeutics (NASDAQ:ABEO) Price Target Raised to $20.00 at Oppenheimer