AnalystsInsight

Dan Leonard (RBC Capital): Analyst Track Record and Price‑Target Accuracy

How often Dan Leonard’s price targets were reached, how fast, and what the stocks did after each call: a 7‑year backtest of 697 ratings, compared with the average Wall Street analyst.

Reviewed by:David, Senior AnalystPublished Oct 12, 2026Updated Oct 17, 20263 min readHow we research

What changed since Oct 12

Exent re-checks this page every day. Ratings appear 30 days after they are published; live calls are in Gems.

+1 new rating (GRAL)+1 stock newly covered

Key takeaways

Dan Leonard ranks #452 of 1,000 analysts in Exent’s scoring (4.8★).
54.9% of price targets were reached over 7 years, versus 52.4% for the average analyst.
Median time to reach a target: 84 days; 57.1% of calls were up 12 months later.
Most‑covered stocks: QGEN, BIO, GH, NTRA.
Free on Exent: Dan Leonard’s full record, with ratings 3 days after publication.

In this article

Dan Leonard’s track record at a glance
How fast price targets were reached
Stocks Dan Leonard covers most
Dan Leonard’s latest ratings
How Exent scores analysts

Dan Leonard’s track record at a glance

Dan Leonard of RBC Capital ranks #452 of the 1,000 analysts Exent scores, with a 4.8★ rating and a focus on healthcare. Over a 7‑year lookback, 54.9% of Dan’s price targets were reached, 2.5 points above the 52.4% average across all analysts.

Metric	Dan Leonard	All analysts
Price‑target hit rate	54.9%	52.4%
Median days to hit target	84 days	91 days
Calls up after 12 months	57.1%	64.0%
Median 12‑month return of calls	+7.7%	+13.4%
Hit rate, last 2 years	58.2%	—
Average worst drop after a call	−21.5%	—
Ratings in the sample	697	—
Stocks covered	33	—

The full records of Exent’s top 90 analysts and the top 50 of each sector, and the stocks where several of them agree right now, are members‑only in Exent Gems.

See the top-ranked analysts in Gems

How fast price targets were reached

Time to reach the target	Dan Leonard
Under 30 days	23.6%
30–90 days	27.3%
90–180 days	26.7%
Over 180 days	22.4%

Share of the targets that were reached, by how long they took. Targets are usually set for 12 months.

Stocks Dan Leonard covers most

Stock	Ratings in the sample
QGEN	36
BIO	31
GH	30
NTRA	25
IQV	24
ILMN	21
CRL	20
AVTR	18

In the past year Dan’s ratings were 62% Buy, 38% Hold and 0% Sell.

Dan Leonard’s latest ratings

Date	Stock	Action	Rating	Price target
Sep 17, 2026	GRAL	Initiated Coverage: Hold	Hold	$84.00
Sep 1, 2026	TXG	Initiated Coverage: Hold	Hold	$70.00
Sep 1, 2026	RVTY	Initiated Coverage: Hold	Hold	$135.00
Sep 1, 2026	MTD	Initiated Coverage: Hold	Hold	$1515.00
Aug 26, 2026	A	Reiterated: Buy	Buy	$185.00
Aug 24, 2026	WAT	Reiterated: Buy	Buy	$475.00
Aug 12, 2026	TECH	Reiterated: Hold	Hold	$73.00
Aug 10, 2026	ILMN	Reiterated: Buy	Buy	$230.00
Aug 6, 2026	BIO	Reiterated: Buy	Buy	$390.00
Aug 6, 2026	NTRA	Rated: Buy	Buy	$350.00
Aug 4, 2026	WAT	Reiterated: Buy	Buy	$475.00
Jul 31, 2026	GH	Rated: Buy	Buy	$200.00

Sep 17, 2026
Stock
GRAL
Action
Initiated Coverage: Hold
Rating
Hold
Price target
$84.00
Sep 1, 2026
Stock
TXG
Action
Initiated Coverage: Hold
Rating
Hold
Price target
$70.00
Sep 1, 2026
Stock
RVTY
Action
Initiated Coverage: Hold
Rating
Hold
Price target
$135.00
Sep 1, 2026
Stock
MTD
Action
Initiated Coverage: Hold
Rating
Hold
Price target
$1515.00
Aug 26, 2026
Stock
A
Action
Reiterated: Buy
Rating
Buy
Price target
$185.00
Aug 24, 2026
Stock
WAT
Action
Reiterated: Buy
Rating
Buy
Price target
$475.00
Aug 12, 2026
Stock
TECH
Action
Reiterated: Hold
Rating
Hold
Price target
$73.00
Aug 10, 2026
Stock
ILMN
Action
Reiterated: Buy
Rating
Buy
Price target
$230.00
Aug 6, 2026
Stock
BIO
Action
Reiterated: Buy
Rating
Buy
Price target
$390.00
Aug 6, 2026
Stock
NTRA
Action
Rated: Buy
Rating
Buy
Price target
$350.00
Aug 4, 2026
Stock
WAT
Action
Reiterated: Buy
Rating
Buy
Price target
$475.00
Jul 31, 2026
Stock
GH
Action
Rated: Buy
Rating
Buy
Price target
$200.00

Dan’s ratings are free on Exent 3 days after publication. Exent Gems has them the same day, with the calls of the top‑ranked analysts and the stocks where several of them agree.

See the top-ranked analysts in Gems

How Exent scores analysts

Exent replays every rating with a price target over a 7‑year lookback: was the target reached, how long it took, and what the stock returned 1, 3, 6 and 12 months after the call. The star rating and rank combine success rate, average return and the number of ratings, so a few lucky calls do not make a top analyst. Statistics as of Jun 24, 2026; ranking updated Oct 20, 2026. How accurate are analyst price targets overall?

Past performance does not guarantee future results. Historical figures are calculated by Exent from market data and are for education only; they are not investment advice or a recommendation to buy or sell any security.

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Exent Gems shows Dan Leonard’s live ratings and those of the top‑ranked analysts, without the 30‑day delay used on this page.
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Frequently asked questions

By Exent’s scoring Dan Leonard ranks #452 of 1,000 with a 4.8★ rating. 54.9% of price targets were reached over a 7-year lookback (all analysts: 52.4%), and 57.1% of calls were up 12 months later. Past accuracy does not guarantee future accuracy.

Dan Leonard’s success rate is 62.4% by the ranking source and 54.9% by Exent’s price-target hit-rate backtest, with a median of 84 days to reach a target.

Dan Leonard (RBC Capital) covers 33 stocks, mostly in healthcare. The most frequently rated are QGEN, BIO, GH, NTRA, IQV.

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DISCLAIMER: Exent AI is an informational research platform and does not provide investment advice, financial advice, or act as an investment adviser, broker-dealer, or fiduciary. All content, analytics, and model outputs are provided for educational and informational purposes only and should not be relied upon as a recommendation to buy, sell, or hold any financial instrument. Investing involves risk, including the possible loss of principal. Exent AI does not execute trades, hold customer funds, or provide brokerage services. Past performance and hypothetical results are not indicative of future results. Third-party data and AI-generated outputs may be incomplete or inaccurate.

What changed since Oct 12

Key takeaways

Are Analyst Price Targets Accurate? 7 Years of Data

How to Follow Wall Street Analysts the Smart Way: Track Records, Not Headlines

What Are Exent Gems? Top‑Analyst Agreement Explained