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Stifel Nicolaus Initiates Coverage on Sionna Therapeutics (NASDAQ:SION)

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Research analysts at Stifel Nicolaus started coverage on shares of Sionna Therapeutics (NASDAQ:SION - Get Free Report) in a note issued to investors on Tuesday, MarketBeat reports. The firm set a "buy" rating and a $32.00 price target on the stock. Stifel Nicolaus' price objective indicates a potential upside of 96.68% from the company's current price.

Separately, Guggenheim assumed coverage on shares of Sionna Therapeutics in a research report on Tuesday. They issued a "buy" rating and a $45.00 price objective on the stock.

View Our Latest Report on Sionna Therapeutics

Sionna Therapeutics Stock Up 4.0 %

Shares of NASDAQ SION traded up $0.62 during mid-day trading on Tuesday, hitting $16.27. The stock had a trading volume of 327,316 shares, compared to its average volume of 225,817. Sionna Therapeutics has a 1 year low of $13.20 and a 1 year high of $25.19.

About Sionna Therapeutics

(Get Free Report)

We are a clinical-stage biopharmaceutical company on a mission to revolutionize the current treatment paradigm for cystic fibrosis (“CF”) patients by developing novel medicines that normalize the function of the cystic fibrosis transmembrane conductance regulator (“CFTR”) protein to deliver clinically meaningful benefit to CF patients.

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