Septerna, Inc. (NASDAQ:SEPN – Get Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $18.48, but opened at $19.02. Septerna shares last traded at $17.73, with a volume of 12,754 shares changing hands.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. TD Cowen began coverage on shares of Septerna in a report on Tuesday, November 19th. They issued a “buy” rating for the company. JPMorgan Chase & Co. began coverage on Septerna in a research report on Tuesday, November 19th. They set an “overweight” rating and a $38.00 price objective on the stock. Wells Fargo & Company assumed coverage on Septerna in a research report on Tuesday, November 19th. They issued an “overweight” rating and a $43.00 target price for the company. Finally, Cantor Fitzgerald began coverage on shares of Septerna in a report on Tuesday, November 19th. They set an “overweight” rating and a $50.00 price target on the stock.
Read Our Latest Analysis on SEPN
Septerna Price Performance
Institutional Investors Weigh In On Septerna
An institutional investor recently bought a new position in Septerna stock. SG Americas Securities LLC purchased a new position in Septerna, Inc. (NASDAQ:SEPN – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 8,095 shares of the company’s stock, valued at approximately $185,000.
About Septerna
We are a clinical-stage biotechnology company pioneering a new era of G protein-coupled receptor (GPCR) oral small molecule drug discovery powered by our proprietary Native Complex Platform™. Our industrial-scale platform aims to unlock the full potential of GPCR therapies and has led to the discovery and development of our deep pipeline of product candidates focused initially on treating patients in three therapeutic areas: endocrinology, immunology and inflammation, and metabolic diseases.
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