Several analysts have recently updated their ratings and price targets for Rhythm Pharmaceuticals (NASDAQ: RYTM):
- 6/17/2026 – Rhythm Pharmaceuticals had its “buy” rating reaffirmed by TD Cowen.
- 6/16/2026 – Rhythm Pharmaceuticals had its price target raised by Canaccord Genuity Group Inc. from $143.00 to $151.00. They now have a “buy” rating on the stock.
- 6/15/2026 – Rhythm Pharmaceuticals was given a new $133.00 price target by Stifel Nicolaus.
- 6/15/2026 – Rhythm Pharmaceuticals had its price target raised by Wells Fargo & Company from $144.00 to $155.00. They now have an “overweight” rating on the stock.
- 6/3/2026 – Rhythm Pharmaceuticals had its “market outperform” rating reaffirmed by Citigroup Inc..
- 5/9/2026 – Rhythm Pharmaceuticals was upgraded by Wall Street Zen from “sell” to “hold”.
- 5/7/2026 – Rhythm Pharmaceuticals had its price target raised by Canaccord Genuity Group Inc. from $140.00 to $143.00. They now have a “buy” rating on the stock.
- 5/6/2026 – Rhythm Pharmaceuticals had its price target raised by Royal Bank Of Canada from $136.00 to $137.00. They now have an “outperform” rating on the stock.
- 5/6/2026 – Rhythm Pharmaceuticals had its price target raised by Wells Fargo & Company from $143.00 to $144.00. They now have an “overweight” rating on the stock.
Insiders Place Their Bets
In other Rhythm Pharmaceuticals news, Director Lynn A. Tetrault sold 37,000 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $100.32, for a total value of $3,711,840.00. Following the completion of the sale, the director directly owned 7,000 shares of the company’s stock, valued at $702,240. The trade was a 84.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 5.90% of the stock is owned by insiders.
The company’s lead investigational product, setmelanotide, is a selective MC4R agonist designed to restore signaling in patients with deficiencies in genes such as POMC, LEPR and PCSK1.
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