B of A Securities Maintains Buy on Inozyme Pharma, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Tazeen Ahmad has maintained a Buy rating on Inozyme Pharma (NASDAQ:INZY) but has lowered the price target from $16 to $14.

April 09, 2024 | 4:38 pm
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Inozyme Pharma's Buy rating is maintained by B of A Securities, but the price target is reduced from $16 to $14.
While the maintenance of a Buy rating indicates continued confidence in Inozyme Pharma's potential, the reduction in the price target could reflect adjustments in valuation metrics or market conditions. This mixed signal might lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100