HC Wainwright & Co. Initiates Coverage On iBio with Buy Rating, Announces Price Target of $7
HC Wainwright & Co. analyst Ananda Ghosh initiates coverage on iBio (NASDAQ:IBIO) with a Buy rating and announces Price Target of $7.
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Why It Matters
A big investment research company decided to start following iBio stock. They think it could be worth $7 per share, which suggests they see promise in the company.
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