TARA Protara Therapeutics, Inc.

BULLISH Impact: 3/10 ANALYST-UPGRADE
Processed 27d 21h ago SEC analyst-TARA-jpmorgan-20260304
6 firms acted on TARA: JP Morgan, Piper Sandler, Jones Trading, Scotiabank, Cantor Fitzgerald, LifeSci Capital
Final — all horizons settled through T+60d
TARA ▼ -23.39% at T+60d
LONG call ✗ call lost -23.39% · α vs SPY -33.47% · entry $6.20 → $4.75
Currently $3.90 · -37.10% from $6.20 entry
Entry anchored
Mar 3, 03:59 PM ET
via Databento tick
T+1d
-6.13%
call -6.13% · α -5.56%
$5.82
settled 3mo ago
T+5d
-9.68%
call -9.68% · α -8.34%
$5.60
settled 3mo ago
T+20d
-18.71%
call -18.71% · α -14.29%
$5.04
settled 2mo ago
T+60d
-23.39%
call -23.39% · α -33.47%
$4.75
settled 15d ago

Price Chart

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Executive Summary

JP Morgan reiterated its Overweight rating on TARA with a $26 price target on May 14, 2026, part of a broader cluster of bullish initiations and maintains from six firms. Consensus is overwhelmingly positive: 13 of 14 analysts rate Buy or Strong Buy, with a mean target of $26 — implying ~391% upside from the current $5.30. JP Morgan’s track record is solid at 55% accuracy on 5,703 calls with an average return of 5.6%. No analyst downgrades have occurred in the past 30 days, though EPS revisions have been mixed (3 down, 1 up in the last month). Institutional accumulation is extremely strong: Vanguard, Two Sigma, FMR, Morgan Stanley, and Bank of America all added positions, with FMR nearly 10x its stake. However, insider selling by CFO Zummo Jacqueline totaling ~$125k over two trades in April 2026 introduces a divergence signal. The combination of compelling valuation, strong institutional inflows, and near-unanimous analyst support suggests a bullish bias, but the insider activity and low base analyst score (2/7) warrant a measured approach.

Impact Score

Base Score
2/7
LLM Adjustment
+1
Final Score
3/10

Consensus & Targets

Buy / Strong Buy
13 (93%)
Hold
1
Sell / Strong Sell
0
Total Analysts
7
Mean PT
$26.00
Median PT
$26.00
High PT
$30.00
Low PT
$24.00
Current Price
$5.30
Implied Upside
+390.6%

92.9% Buy-side consensus: 3 Strong Buy, 10 Buy, 1 Hold, 0 Sell, 0 Strong Sell across 14 analysts. The sole Hold is a contrarian view; the overwhelming majority sees significant upside.

Mean and median price target $26.00; high $30.00 (LifeSci Capital), low $24.00 (Piper Sandler). Current price $5.30 implies ~391% upside to the mean. JP Morgan's $26 target is in line with consensus.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-05-14 JP Morgan maintain Overweight $26.00
2026-04-29 HC Wainwright & Co. maintain Buy $27.00
2026-03-04 JP Morgan initiate Overweight
2026-02-10 HC Wainwright & Co. reiterate Buy $23.00
2026-01-07 Piper Sandler initiate Overweight $24.00
2025-12-03 HC Wainwright & Co. reiterate Buy $23.00
2025-11-19 HC Wainwright & Co. reiterate Buy $23.00
2025-05-22 Jones Trading initiate Buy $21.00
2025-04-28 HC Wainwright & Co. reiterate Buy $23.00
2025-04-16 Scotiabank initiate Sector Outperform $12.00

No upgrades or downgrades in the last 30 days. EPS estimates have seen mixed revisions: both +1q and 0q EPS averages improved (losses narrowed) over the past 30 days, but the number of downward revisions (3) exceeded upward revisions (1), indicating lingering skepticism.

Firm Track Record — JP Morgan

JP Morgan accuracy: 55% on 5703 calls | avg return: 5.6%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 2 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
Oppenheimer 50% 1/2 4.5% below average
HC Wainwright & Co. 33% 3/9 -3.2% below average

JP Morgan has a 55.5% accuracy rate on 5,703 scored calls with an average return of 5.6%. Other covering firms (Oppenheimer, HC Wainwright) have very small sample sizes (<10 calls) and below-average performance, making JP Morgan the most credible analyst on the name.

Earnings Estimates

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
+1q $-0.35 $-0.38 — $-0.32 $0.00 ↑1 ↓0
0q $-0.33 $-0.35 — $-0.31 $0.00 ↑1 ↓0
+1y $-1.35 $-1.94 — $-0.40 $48.3M ↑1 ↓0
0y $-1.34 $-1.45 — $-1.24 $0.00 ↑1 ↓0

Cross-Platform Signals

Insider Trades (90d)
0 buys / 2 sells
Institutional
TWO SIGMA INVESTMENTS, LP — add (67%)
Institutional
VANGUARD GROUP INC — add (25.6%)
Institutional
FMR LLC — doubled (849.5%)

Insider trading is bearish: CFO Zummo Jacqueline sold ~$125k in two April trades with no insider buys. However, institutional buying is extraordinarily strong: Vanguard added 25.6%, Two Sigma 67%, Morgan Stanley 61.5%, Bank of America 174.8%, and FMR nearly 850%. This divergence — insiders selling while institutions load up — suggests institutional conviction outweighs routine insider liquidity sales.

Actionable Insight

Load up on TARA near $5.30. The 391% upside to consensus targets, combined with aggressive institutional accumulation, overrides weak insider sales. Use any dip from insider-driven noise as an entry point.

Documents Analyzed

Report based on filing metadata.

13 reports for TARA
Performance horizon
75% Hit rate 6 of 8 directional calls best @ T+5▲ +9.58%May 26, 2026
Filters
Rows
Reports for TARA — sortable, filterable
Type Now
May 26, 2026
18d ago
EFFECT
BEARISH ★ 5/10
$4.80 $4.34▲ +9.58%▲ +10.80%$3.90 (+18.75%)
May 16, 2026
27d ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$6.20 $5.60▼ −9.68%▼ −8.34%$3.90 (−37.10%)
May 15, 2026
29d ago
Press Release
BULLISH ★ 7/10
$5.10 $4.92▼ −3.53%▼ −4.49%$3.90 (−23.53%)
May 13, 2026
4w ago
8-K
NEUTRAL ★ 4/10
$5.20 $4.34▼ −16.54%▼ −15.38%$3.90 (−25.00%)
May 13, 2026
4w ago
Press Release
NEUTRAL ★ 4/10
$5.20 $4.34▼ −16.54%▼ −15.38%$3.90 (−25.00%)
Apr 28, 2026
6w ago
DEFA14A
NEUTRAL ★ 2/10
$5.17 $5.66▲ +9.48%▲ +6.37%$3.90 (−24.56%)
Apr 16, 2026
8w ago
ANALYST-UPGRADE
BULLISH ★ 8/10
$5.13 $5.26▲ +2.53%▲ +1.55%$3.90 (−23.98%)
Apr 16, 2026
8w ago
ANALYST-UPGRADE
BULLISH ★ 8/10
$5.13 $5.26▲ +2.53%▲ +1.55%$3.90 (−23.98%)
Apr 16, 2026
8w ago
ANALYST-UPGRADE
MIXED ★ 6/10
$5.13 $5.26▲ +2.53%▲ +1.55%$3.90 (−23.98%)
Apr 16, 2026
8w ago
ANALYST-UPGRADE
BULLISH ★ 9/10
$5.13 $5.26▲ +2.53%▲ +1.55%$3.90 (−23.98%)
Showing 10 of 13

US Market Status

Market Closed — Opens Mon (45h 47m)

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