Piper Sandler Maintains Overweight Rating for Poseida Therapeutics: Here's What You Need To Know

Piper Sandler has decided to maintain its Overweight rating of Poseida Therapeutics PSTX and raise its price target from $9.00 to $11.00.

Shares of Poseida Therapeutics are trading up 1.08% over the last 24 hours, at $3.74 per share.

A move to $11.00 would account for a 194.12% increase from the current share price.

About Poseida Therapeutics

Poseida Therapeutics Inc is a clinical-stage biopharmaceutical company focused on leveraging non-viral gene engineering technologies to create life-saving therapeutics for patients with a high unmet medical need. It has built a pipeline of autologous and allogeneic chimeric antigen receptor T cell, or CAR-T, product candidates, initially focused on the treatment of hematological malignancies and solid tumours.

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