Wedbush Reiterates Outperform on Inozyme Pharma, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Nierengarten has reiterated an Outperform rating on Inozyme Pharma (NASDAQ:INZY) and maintained a $15 price target on the company's stock.

January 30, 2024 | 3:52 pm
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Wedbush analyst David Nierengarten reaffirmed an Outperform rating on Inozyme Pharma with a steady price target of $15, indicating a positive outlook on the stock.
The reiteration of an Outperform rating by a reputable analyst like David Nierengarten suggests a strong vote of confidence in Inozyme Pharma's prospects. Maintaining a $15 price target indicates that the analyst believes the stock has significant upside potential from its current level. This positive endorsement is likely to influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100