<div id="readability-page-1"><p><span>Equillium (NASDAQ:EQ - Get Free Report)</span>'s stock had its &#34;buy&#34; rating reaffirmed by analysts at Roth Mkm in a report released on Friday,Benzinga reports. They currently have a $12.00 target price on the stock. Roth Mkm's price target indicates a potential upside of 499.10% from the company's current price.</p><ul><li>3 Smart Investments If Interest Rates Stay Higher for Longer</li></ul><p>A number of other equities research analysts have also weighed in on EQ. Weiss Ratings  reaffirmed a &#34;sell (d-)&#34; rating on shares of Equillium in a research note on Friday, March 27th. Wall Street Zen raised shares of Equillium from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, March 14th. Cantor Fitzgerald assumed coverage on shares of Equillium in a research note on Tuesday, April 7th. They set an &#34;overweight&#34; rating and a $10.00 price objective on the stock. Raymond James Financial began coverage on shares of Equillium in a research note on Monday. They set a &#34;strong-buy&#34; rating and a $6.00 price objective on the stock. Finally, Zacks Research upgraded shares of Equillium to a &#34;hold&#34; rating in a research note on Thursday, February 26th. One equities research analyst  has rated the stock with a Strong Buy rating, four have given a Buy rating, one  has given a Hold rating and one  has issued  a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of &#34;Moderate Buy&#34; and an average target price of $7.80.</p><p><b>Read Our Latest Research Report on EQ</b></p><h2>Equillium Price Performance</h2><ul><li>REITs Set for a 2026 Rebound? 7 Top Picks as Rate Cuts Approach</li></ul><p>NASDAQ:EQ traded up $0.02 during trading hours on Friday, hitting $2.00. The stock had a trading volume of 102,242 shares, compared to its average volume of 511,174. The company has a 50 day simple moving average of $1.88 and a two-hundred day simple moving average of $1.47. Equillium has a one year low of $0.27 and a one year high of $2.70. The firm has a market capitalization of $126.64 million, a price-to-earnings ratio of -4.08 and a beta of 1.75. </p><p>Equillium (NASDAQ:EQ - Get Free Report) last issued its earnings results on Wednesday, March 25th. The company reported ($0.04) EPS for the quarter, topping analysts' consensus estimates of ($0.07) by $0.03.  Equities research analysts anticipate that  Equillium will post 0.14 earnings per share for the current year. </p><h2>Insider Activity</h2><ul><li>Guidance, Not Earnings, Sends Equinix Stock Higher</li></ul><p>In other news, COO Christine Zedelmayer sold 120,312 shares of the stock in a transaction on Friday, March 13th. The shares were sold at an average price of $2.50, for a total value of $300,780.00. Following the completion of the sale, the chief operating officer directly owned 62,586 shares of the company's stock, valued at $156,465. This represents a 65.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 487,468 shares of company stock valued at $990,467 over the last three months. Corporate insiders own  31.60% of the company's stock. </p><h2>Institutional Trading of Equillium</h2><p>Hedge funds and other institutional investors have recently modified their holdings of the company. Cantor Fitzgerald L. P. purchased a new stake in shares of  Equillium in the third quarter worth $608,000.  Aberdeen Group plc grew its stake in  Equillium by 523.6% during the fourth quarter. Aberdeen Group plc now owns 2,366,688 shares of the company's stock valued at $3,668,000 after acquiring an additional 1,987,162 shares in the last quarter.  Hudson Bay Capital Management LP purchased a new position in  Equillium during the third quarter valued at $398,000.  Persistent Asset Partners Ltd purchased a new position in  Equillium during the third quarter valued at $99,000.  Finally, ADAR1 Capital Management LLC purchased a new position in  Equillium during the third quarter valued at $7,951,000. 27.05% of the stock is owned by hedge funds and other institutional investors. </p><h2>Equillium Company Profile</h2> (Get Free Report)<p>Equillium, Inc <span>NASDAQ: EQ<span></span></span> is a clinical-stage biopharmaceutical company focused on developing novel immunotherapies to treat severe autoimmune diseases and prevent organ transplant rejection. The company's lead therapeutic candidate, EQ001 (itolizumab), is a humanized monoclonal antibody that modulates T-cell activation by targeting the CD6 receptor. Equillium's pipeline also includes additional biologic candidates aimed at addressing indications such as acute graft-versus-host disease (GVHD) and lupus nephritis.  </p><p>Founded in 2015 and headquartered in La Jolla, California, Equillium in-licensed itolizumab from Biocon Limited, leveraging the antibody's established safety profile in earlier clinical studies.</p><h2>See Also</h2><ul><li>Five stocks we like better than Equillium</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RVE?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-UHJlZml4PU5BU0RBUSZTeW1ib2w9RVE"/></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 reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Equillium Right Now?</h2><p>Before you consider Equillium, 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 Equillium wasn't on the list.</p><p>While Equillium currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Roth Mkm has reiterated a "buy" rating for Equillium (NASDAQ:EQ) and set a target price of $12.00, indicating a potential upside of 499.10% from its current price. Other analysts have mixed ratings, with one strong buy, four buys, one hold, and one sell. Equillium's stock recently traded at $2.00, with a market cap of $126.64 million. The company focuses on developing immunotherapies for autoimmune diseases and has a promising pipeline, including its lead candidate EQ001.</p>

Roth Mkm Reiterates Buy Rating for Equillium (NASDAQ:EQ)