Stifel Nicolaus Initiates Coverage on Sionna Therapeutics (NASDAQ:SION)

Equities research analysts at Stifel Nicolaus assumed coverage on shares of Sionna Therapeutics (NASDAQ:SIONGet Free Report) in a report released on Tuesday, Marketbeat reports. The firm set a “buy” rating and a $32.00 price target on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 94.17% from the stock’s current price.

Separately, Guggenheim assumed coverage on shares of Sionna Therapeutics in a research note on Tuesday. They issued a “buy” rating and a $45.00 price objective on the stock.

View Our Latest Stock Analysis on Sionna Therapeutics

Sionna Therapeutics Price Performance

Shares of SION stock opened at $16.48 on Tuesday. Sionna Therapeutics has a 52-week low of $13.20 and a 52-week high of $25.19.

About Sionna Therapeutics

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We are a clinical-stage biopharmaceutical company on a mission to revolutionize the current treatment paradigm for cystic fibrosis (“CF”) patients by developing novel medicines that normalize the function of the cystic fibrosis transmembrane conductance regulator (“CFTR”) protein to deliver clinically meaningful benefit to CF patients.

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