Oppenheimer has decided to maintain its Outperform rating of Zentalis Pharmaceuticals ZNTL and lower its price target from $80.00 to $50.00.
Shares of Zentalis Pharmaceuticals are trading up 8.1% over the last 24 hours, at $19.88 per share.
A move to $50.00 would account for a 151.51% increase from the current share price.
About Zentalis Pharmaceuticals
Zentalis Pharmaceuticals Inc is a clinical-stage biopharmaceutical company focused on discovering and developing small molecule therapeutics targeting fundamental biological pathways of cancers. It uses a drug discovery engine, which it refers to as Integrated Discovery Engine, to identify targets and develop small molecule new chemical entities, or NCEs, with properties that it believes could result in potentially differentiated product profiles. It has two lead product candidates under pipeline: ZN-c5, for the treatment of advanced estrogen receptor-positive, human epidermal growth factor receptor 2-negative, or ER+/HER2-, advanced or metastatic breast cancer; and ZN-c3, for the treatment of advanced solid tumors as monotherapy and ovarian cancer.
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