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Stock impact report

Is Tango Therapeutics (TNGX) Overvalued After a 200% One-Year Surge? A Fresh Look at Its Pricing [Yahoo! Finance]

Tango Therapeutics, Inc. (TNGX) 
Company Research Source: Yahoo! Finance
See our latest analysis for Tango Therapeutics. The latest moves have been choppy, with a 14.44% 1 month share price return and 37.10% 3 month share price return building on a 205.56% 1 year total shareholder return. This suggests momentum is still firmly on Tango Therapeutics' side. If this kind of clinically driven surge has your attention, it might be worth scanning other potential winners in healthcare stocks to see what else fits your strategy. With shares still trading at a steep discount to Wall Street's target despite a blockbuster run, the key question now is whether Tango Therapeutics remains undervalued or if the market is already pricing in its future growth. Relative to Tango Therapeutics' last close at $9.35, the current valuation looks rich when judged against both peers and a fair-value benchmark. The price to sales ratio compares the company's market value to its revenue, a common yardstick for unprofitable, high growth biotechs where earnings are not yet m Show less Read more
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