In the latest analyst update for Bicara Therapeutics (BCAX, Financial), HC Wainwright & Co. has maintained its "Buy" rating on the company's stock. The analyst Robert Burns, however, has made a downward adjustment to the price target for BCAX.
According to the report dated May 16, 2025, the new price target is set at USD 41.00, a decrease from the previous target of USD 44.00. This adjustment represents a change of -6.82% from the prior price target.
The consistency in the "Buy" rating suggests ongoing confidence in the company's potential despite the adjusted price target. Investors in BCAX should consider these updates when evaluating their portfolios.