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Robert W. Baird Reaffirms Their Buy Rating on IDEAYA Biosciences (IDYA)

Robert W. Baird analyst Joel Beatty maintained a Buy rating on IDEAYA Biosciences (IDYAResearch Report) on July 27 and set a price target of $26.00. The company’s shares closed last Thursday at $15.00.

According to TipRanks.com, Beatty is a 3-star analyst with an average return of 3.0% and a 50.0% success rate. Beatty covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Arrowhead Pharmaceuticals, and BioMarin Pharmaceutical.

Currently, the analyst consensus on IDEAYA Biosciences is a Strong Buy with an average price target of $21.00.

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IDEAYA Biosciences’ market cap is currently $605.5M and has a P/E ratio of -10.62.

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IDEAYA Biosciences, Inc. develops cancer therapeutics. It is an oncology-focused precision medicine company committed to the discovery and development of targeted therapeutics for patient populations selected using molecular diagnostics. The company operates and manages its business as one operating and reportable segment, which is the business of research and development for oncology-focused precision medicine. The company was founded by Yujiro S. Hata and Jeffrey Hager in June 2015 and is headquartered in South San Francisco, CA.

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