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Mizuho Securities Sticks to Their Buy Rating for Assembly Biosciences (ASMB)

In a report released today, Salim Syed from Mizuho Securities maintained a Buy rating on Assembly Biosciences (ASMBResearch Report), with a price target of $14.00. The company’s shares closed yesterday at $1.87.

Syed covers the Healthcare sector, focusing on stocks such as Cytokinetics, Atara Biotherapeutics, and Coherus Biosciences. According to TipRanks, Syed has an average return of -14.7% and a 36.67% success rate on recommended stocks.

Currently, the analyst consensus on Assembly Biosciences is a Moderate Buy with an average price target of $9.17.

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ASMB market cap is currently $90.58M and has a P/E ratio of -0.71.

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Assembly Biosciences, Inc. is a biotechnology company, which engages in the development of products for infectious diseases, such as chronic hepatitis B virus and illnesses associated with a dysbiotic microbiome. It focuses in two innovative platform programs: oral therapeutics for the treatment of hepatitis B virus, and the oral synthetic live biotherapeutics candidate. The company was founded by Uri Lopatin on October 7, 2005 and is headquartered in Carmel, IN.

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