Innate Pharma S.A. (NASDAQ:IPHA) – Research analysts at SVB Leerink dropped their FY2025 earnings estimates for shares of Innate Pharma in a research report issued on Tuesday, April 6th. SVB Leerink analyst D. Graybosch now anticipates that the company will post earnings of $0.26 per share for the year, down from their prior estimate of $0.30. SVB Leerink currently has a “Market Perform” rating and a $7.00 target price on the stock.
Several other equities analysts have also weighed in on IPHA. Zacks Investment Research raised shares of Innate Pharma from a “sell” rating to a “hold” rating in a research report on Tuesday, February 2nd. HC Wainwright reissued a “buy” rating and issued a $13.00 price objective on shares of Innate Pharma in a research report on Thursday, February 4th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $7.94.
About Innate Pharma
Innate Pharma SA, a biotechnology company, discovers and develops therapeutic antibodies for the treatment of oncology indications in France and internationally. The company's products include Monalizumab, an immune checkpoint inhibitor that is in Phase II clinical trial to treat advanced solid tumors comprising colorectal cancer, as well as head and neck cancer; Anti-Siglec-9, checkpoint inhibitor program, which is in preclinical stage for immuno-oncology; Lumoxiti (moxetumomab pasudotox-tdfk), a tumor antigen targeting solution for the treatment of hairy cell leukemia; and Lacutamab (IPH4102), an anti-KIR3DL2 humanized cytotoxicity-inducing antibody, which is in Phase II clinical trial for the treatment of cutaneous T-cell lymphoma.
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