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H.C. Wainwright Sticks to Its Buy Rating for Sutro Biopharma (STRO)

H.C. Wainwright analyst Andrew Fein reiterated a Buy rating on Sutro Biopharma (STROResearch Report) today and set a price target of $30.00. The company’s shares closed yesterday at $6.19.

According to TipRanks, Fein is an analyst with an average return of -7.2% and a 40.32% success rate. Fein covers the Healthcare sector, focusing on stocks such as Sutro Biopharma, Amylyx Pharmaceuticals Inc, and ACADIA Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sutro Biopharma with a $26.67 average price target.

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The company has a one-year high of $23.70 and a one-year low of $3.33. Currently, Sutro Biopharma has an average volume of 988.8K.

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Sutro Biopharma Inc. engages in the drug discovery, development and manufacturing of pharmaceutical products. Its products technologies include XpressCF, anti-body drug conjugates, bispecifics & engineered antibodies and cGMP facility. The company was founded by James R. Swartz and Sutanto Widjaja in June 2003 and is headquartered in South San Francisco, CA.

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