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Chardan Capital Reaffirms Their Buy Rating on Tenaya Therapeutics (TNYA)

In a report released on August 11, Geulah Livshits from Chardan Capital reiterated a Buy rating on Tenaya Therapeutics (TNYAResearch Report), with a price target of $30.00. The company’s shares closed last Friday at $5.61.

According to TipRanks, Livshits is a 5-star analyst with an average return of 28.5% and a 45.25% success rate. Livshits covers the Healthcare sector, focusing on stocks such as Crispr Therapeutics AG, Meiragtx Holdings, and Iovance Biotherapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tenaya Therapeutics with a $27.00 average price target, a 381.28% upside from current levels. In a report released on August 11, H.C. Wainwright also maintained a Buy rating on the stock with a $25.00 price target.

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TNYA market cap is currently $231.8M and has a P/E ratio of -2.23.

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Tenaya Therapeutics Inc is a preclinical stage biotechnology company focused on discovering, developing, and delivering curative therapies that address the underlying drivers of heart disease. It is advancing product candidates from three product platforms: gene therapy, cellular regeneration, and precision medicine.

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