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Ultragenyx Pharmaceutical Inc (RARE) gets rating Upgrade from Goldman

Ultragenyx Pharmaceutical Inc’s recently made public that its Chief Financial Officer Horn Howard unloaded Company’s shares for reported $72114.0 on Mar 06 ’25. In the deal valued at $40.40 per share,1,785 shares were sold. As a result of this transaction, Horn Howard now holds 106,169 shares worth roughly $3.98 million.

Then, Kassberg Thomas Richard sold 6,028 shares, generating $253,779 in total proceeds. Upon selling the shares at $42.10, the CBO & EVP now owns 265,238 shares.

Before that, Parschauer Karah Herdman sold 12,846 shares. Ultragenyx Pharmaceutical Inc shares valued at $540,817 were divested by the EVP and Chief Legal Officer at a price of $42.10 per share. As a result of the transaction, Parschauer Karah Herdman now holds 75,287 shares, worth roughly $2.82 million.

Goldman upgraded its Ultragenyx Pharmaceutical Inc [RARE] rating to a Buy from a a Neutral in a research note published on June 06, 2024; the price target was increased to $67 from $56. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who began to cover the stock in late April with a ‘”an Outperform”‘ rating. Wells Fargo began covering RARE with “an Overweight” recommendation on December 08, 2023.

Price Performance Review of RARE

On Monday, Ultragenyx Pharmaceutical Inc [NASDAQ:RARE] saw its stock fall -2.90% to $37.50. Over the last five days, the stock has lost -9.11%. Ultragenyx Pharmaceutical Inc shares have fallen nearly -10.86% since the year began. Nevertheless, the stocks have fallen -26.84% over the past one year. While a 52-week high of $60.37 was reached on 02/06/25, a 52-week low of $37.02 was recorded on 03/10/25. SMA at 50 days reached $42.58, while 200 days put it at $47.21.

Levels Of Support And Resistance For RARE Stock

The 24-hour chart illustrates a support level at 36.83, which if violated will result in even more drops to 36.15. On the upside, there is a resistance level at 38.45. A further resistance level may holdings at 39.40. The Relative Strength Index (RSI) on the 14-day chart is 29.89, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.94%. Stochastics %K at 3.27% indicates the stock is a buying.

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