BofA analyst Jason Gerberry raised the firm’s price target on Lenz Therapeutics (LENZ) to $53 from $44 and keeps a Buy rating on the shares. The firm cites the company’s Vizz FDA approval and Q2 report the target increase. It believes Lenz’s peak sales opportunity for Vizz is being underappreciated at current share levels.
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Read More on LENZ:
- Lenz Therapeutics price target raised to $56 from $48 at H.C. Wainwright
- Buy Rating for LENZ Therapeutics: Vizz’s Early FDA Approval and Market Differentiation Drive Growth Potential
- Lenz Therapeutics price target raised to $52 from $49 at Citi
- LENZ Therapeutics Gains FDA Approval for VIZZ Eye Drop
- Lenz Therapeutics announces FDA approval of Vizz eye drop
