Sionna Therapeutics (NASDAQ:SION – Get Free Report) released its earnings results on Thursday. The company reported ($3.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.68) by ($0.70), Zacks reports.
Sionna Therapeutics Trading Down 3.1 %
SION opened at $13.88 on Thursday. Sionna Therapeutics has a twelve month low of $13.20 and a twelve month high of $25.19.
Wall Street Analyst Weigh In
A number of analysts recently commented on the stock. Guggenheim began coverage on shares of Sionna Therapeutics in a report on Tuesday, March 4th. They issued a “buy” rating and a $45.00 target price on the stock. TD Cowen started coverage on Sionna Therapeutics in a report on Tuesday, March 4th. They set a “buy” rating on the stock. Finally, Stifel Nicolaus assumed coverage on Sionna Therapeutics in a research note on Tuesday, March 4th. They issued a “buy” rating and a $32.00 price objective for the company.
About Sionna Therapeutics
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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