HC Wainwright & Co. Maintains Buy Rating for Caribou Biosciences: Here's What You Need To Know

HC Wainwright & Co. has decided to maintain its Buy rating of Caribou Biosciences CRBU and lower its price target from $27.00 to $26.00.

Shares of Caribou Biosciences are trading down 1.69% over the last 24 hours, at $5.24 per share.

A move to $26.00 would account for a 396.18% increase from the current share price.

About Caribou Biosciences

Caribou Biosciences Inc is a clinical-stage biopharmaceutical company dedicated to transforming the lives of patients with devastating diseases by applying its novel CRISPR platform, CRISPR hybrid RNA-DNA (chRDNA), toward the development of next-generation, genome-edited cell therapies.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.