Wedbush Begins Coverage on Mirna Therapeutics (SYBX)
Investment analysts at Wedbush assumed coverage on shares of Mirna Therapeutics (NASDAQ:SYBX) in a research report issued on Monday. The brokerage set an “outperform” rating and a $20.00 price target on the biotechnology company’s stock. Wedbush’s target price would suggest a potential upside of 96.66% from the company’s previous close.
SYBX has been the topic of several other research reports. ValuEngine lowered shares of Mirna Therapeutics from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Zacks Investment Research lowered shares of Mirna Therapeutics from a “hold” rating to a “sell” rating in a report on Wednesday, November 22nd. Finally, Leerink Swann started coverage on shares of Mirna Therapeutics in a report on Tuesday, September 19th. They set an “outperform” rating and a $25.00 target price on the stock. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $19.67.
Mirna Therapeutics (NASDAQ SYBX) opened at $10.17 on Monday. Mirna Therapeutics has a twelve month low of $8.76 and a twelve month high of $23.00.
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Mirna Therapeutics Company Profile
Synlogic, Inc, formerly Mirna Therapeutics, Inc, is engaged in the development of a novel class of living treatments, Synthetic Biotic medicines. The Company uses its proprietary Synthetic Biotic development platform. Its pipeline includes Synthetic Biotic medicines for the treatment of rare genetic diseases, such as Urea Cycle Disorder (UCD) and Phenylketonuria (PKU).
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