Ionis Pharmaceuticals Soars 22% on HC Wainwright Upgrade

Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 15, 2025 4:33 am ET1min read
IONS--

Ionis Pharmaceuticals, Inc. (IONS) surged 22% in pre-market trading on April 15, 2025, marking a significant rise in its stock price.

Ionis Pharmaceuticals has recently received a boost from HC Wainwright, which upgraded the stock to "Strong Buy" with a price target of $45.00. This price objective suggests a potential upside of 57.23% from the current stock price, reflecting the brokerage's confidence in the company's future performance.

This positive outlook from HC Wainwright is likely to have contributed to the recent surge in Ionis Pharmaceuticals' stock price, as investors respond to the upgraded rating and the potential for significant gains.

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