Why VSTM rose 20.1% on Oct 15 2026: analyst target increases

THE SESSION

• 09:30 ETOpened at $8.04, +4.3% on the previous close of $7.71
• 09:48 ETRegular-session low, $7.77
• 13:54 ETRegular-session high, $9.73
• 15:59 ETLast trade of the regular session, $9.22, +19.6% on the previous close of $7.71
• Volume: 14.6M shares in regular hours, 148K before the open

VSTM opened at $8.04, dipped to $7.77, then climbed through the session to reach $9.73 before ending regular trading at $9.22, up 19.6% from the previous close. TapeRank read the move as justified, linking it to analyst price-target increases from BTIG, RBC and Jefferies, while also noting the $250 million equity offering priced at $8 and its dilution risk; there were no halts. The stock was recorded at rank #1 at 13:28 ET near $9.26 as the analyst updates provided a concrete bullish catalyst.

WRITTEN THU OCT 15 2026 18:53 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE

FILINGS AND NEWS · 24H BEFORE THE MOVE

• 12:33 ETJefferies Maintains Buy on Verastem, Raises Price Target to $13Benzinga
• 11:01 ETRBC Capital Maintains Outperform on Verastem, Raises Price Target to $19Benzinga
• 05:53 ETBTIG Maintains Buy on Verastem, Raises Price Target to $24Benzinga
• WED 21:21 ET8-K — Other Events; Financial Statements and ExhibitsSEC 8-K
• WED 21:18 ET424B5 — Prospectus supplement — offering pricedSEC 424B5
• WED 21:14 ET424B5 — Prospectus supplement — offering pricedSEC 424B5