SAB Biotherapeutics Inc. (NASDAQ:SABS) is one of the 10 best stocks under $10 offering more than 50% upside.
On June 24, Eliana Merle from Barclays initiated coverage of SAB Biotherapeutics Inc. (NASDAQ:SABS) with a target price of $13, and assigned an Overweight rating to the stock
As per Merle’s projections, the stock currently offers a highly lucrative upside potential of more than 235%. Copyright: kadmy / 123RF Stock Photo Image: Depositphotos According to Merle, SAB-142 has a substantial opportunity as a potential disease-altering treatment in the type 1 diabetes marketplace. The analyst believes that the Phase 2b data, which is anticipated in the latter half of 2027, will be the primary driver for the stock.
Following the recent approval of Tzield, she views the regulatory process for SAB-142 as de-risked. Merle noted that the anticipated $4 billion potential for SAB-142, as a type 1 diabetes therapy, is not fully reflected in the company’s current market capitalization of $300 million. Back on May 22, Citi also initiated its coverage of the stock with a target price of $11, yielding an upside potential in excess of 184% at the prevailing level.