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Stock impact report

Tango Therapeutics (TNGX): Evaluating Valuation Following Strong Revenue Growth and Doubling Share Price [Yahoo! Finance]

Tango Therapeutics, Inc. (TNGX) 
Company Research Source: Yahoo! Finance
Investors are keeping an eye on these trends to gauge what is next for the company. See our latest analysis for Tango Therapeutics. Tango Therapeutics' shares have more than doubled in price year-to-date, signaling a surge of optimism after several clinical updates and partnership news in the biotech space. While the 1-year total shareholder return sits just under 100%, short-term momentum has cooled this month, which hints at some profit taking as the stock consolidates recent gains. If this kind of trajectory has you thinking bigger, now is an ideal moment to see what else is out there and discover fast growing stocks with high insider ownership With shares now trading at a sizable discount to analyst price targets, yet coming off a major run-up, the big question for investors is whether Tango's potential is still undervalued or if the market has already priced in future growth. Price-to-Sales of 15.6x: Is it justified? Tango Therapeutics currently trades at a price-to-s Show less Read more
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