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Brokers retain “Buy” rating on Disc Medicine (NASDAQ: IRON) despite Q1 loss
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As Disc Medicine reported a bump in its cash position during Q1 2023, brokers retained their “Buy” recommendations on the stock.
The average broker recommendation for Disc Medicine, as per data available on Refinitiv, was 1.6, which falls between the “Strong Buy” and “Buy” ratings. This rating is given on a scale of one to five, ranging from “Strong Buy” to “Strong Sell”.
Refinitiv data suggest that three analysts have given “Strong Buy” rating and five analysts have given a “Buy” rating on IRON stock. None of the analysts have given the stock a “Hold”, “Sell” or “Strong Sell” rating.
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