BofA Securities gives a Buy recommendation for Akero Therapeutics Inc (AKRO)

In a filing, Akero Therapeutics Inc revealed its President and CEO Cheng Andrew unloaded Company’s shares for reported $1.53 million on Jul 10 ’25. In the deal valued at $51.16 per share,30,000 shares were sold. As a result of this transaction, Cheng Andrew now holds 520,757 shares worth roughly $26.86 million.

Then, Rolph Timothy sold 12,500 shares, generating $638,661 in total proceeds. Upon selling the shares at $51.09, the Chief Scientific Officer now owns 167,124 shares.

Before that, Timothy Rolph bought 56,250 shares. Akero Therapeutics Inc shares valued at $2,916,563 were divested by the Officer at a price of $51.85 per share.

BofA Securities upgraded its Akero Therapeutics Inc [AKRO] rating to a Buy from a a Neutral in a research note published on January 30, 2025; the price target was increased to $63 from $35. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who remained covering the stock and in late January has reiterated a ‘”a Buy”‘ rating for it. Citigroup began covering AKRO with “Buy” recommendation on November 18, 2024.

Price Performance Review of AKRO

On Friday, Akero Therapeutics Inc [NASDAQ:AKRO] saw its stock fall -0.83% to $51.57. Over the last five days, the stock has lost -0.39%. Akero Therapeutics Inc shares have risen nearly 125.10% since the year began. Nevertheless, the stocks have risen 85.37% over the past one year. While a 52-week high of $58.40 was reached on 01/27/25, a 52-week low of $21.34 was recorded on 01/14/25.

Levels Of Support And Resistance For AKRO Stock

The 24-hour chart illustrates a support level at 51.10, which if violated will result in even more drops to 50.64. On the upside, there is a resistance level at 52.04. A further resistance level may holdings at 52.51.

How much short interest is there in Akero Therapeutics Inc?

A steep rise in short interest was recorded in Akero Therapeutics Inc stocks on 2025-06-13, growing by 1.45 million shares to a total of 7.75 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 6.3 million shares. There was a rise of 18.76%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on September 19, 2023 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $69 price target.

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