Atea Pharmaceuticals (NASDAQ:AVIR) Hits New 12-Month High - Here's Why

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Shares of Atea Pharmaceuticals (NASDAQ:AVIR) reached a new 52-week high of $6.39 on Tuesday. This rise comes despite mixed analyst sentiment, with a consensus “Hold” rating and a target price of $6.00, and a recent EPS miss. The company, a clinical-stage antiviral developer, has seen increased institutional ownership.

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