HC Wainwright Reaffirms Buy Rating for Innate Pharma (NASDAQ:IPHA)

Innate Pharma (NASDAQ:IPHA)‘s stock had its “buy” rating reissued by investment analysts at HC Wainwright in a report issued on Tuesday,Benzinga reports. They currently have a $11.50 price target on the stock.

Separately, Evercore ISI upgraded Innate Pharma to a “strong-buy” rating in a report on Monday, September 16th.

Innate Pharma Trading Down 11.8 %

Shares of NASDAQ:IPHA opened at $1.68 on Tuesday. Innate Pharma has a 52-week low of $1.57 and a 52-week high of $3.15. The business’s 50 day simple moving average is $2.06 and its two-hundred day simple moving average is $2.25.

About Innate Pharma

Innate Pharma SA, a biotechnology company, develops immunotherapies for cancer patients in France and internationally. The company's products include Lacutamab (IPH4102), an anti-KIR3DL2 antibody, which is in Phase II clinical trials for the treatment of cutaneous T-cell and peripheral T-cell lymphoma, as well as in Phase II clinical trials to treat refractory sézary syndrome; Monalizumab, an immune checkpoint inhibitor that is in Phase III clinical trial to treat advanced solid tumors comprising colorectal and lung cancer, as well as head and neck cancer; IPH5201, a blocking antibody that is in Phase II clinical trials targeting the CD39 immunosuppressive pathway; IPH5301, an anti-CD73 antibody targeting the immunosuppressive adenosine pathway to promote antitumor immunity; IPH6401, an BCMA-targeting NK cell engager; and IPH6101, a NKp46-based NK cell engager that targets CD123 proprietary multi-specific antibody format; and IPH62, an B7-H3-targeting NK cell engager.