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ETNB / 89bio earns ‘Buy' rating in initial coverage on positive prospects for NASH therapeutic

Analysts at UBS have initiated coverage on 89bio (ETNB) with a ‘Buy' rating and a US$36 price target, representing an upside of about 117.5% from the biotechnology company's current share price of US$16.55. The analysts believe 89bio's differentiated investigational therapeutic FGF21 analog pegozafermin (PGZ) has high potential in non-alcoholic steatohepatitis (NASH), an advanced form of non-alcoholic fatty liver disease characterized by inflammation and fibrosis of the liver that can progress to cirrhosis, liver failures, and liver cancer. Read More

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89bio

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Buy

Rating

Initial

Coverage

Positive

buy

Prospects

Therapeutic

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ETNB

Posted: Aug 28 2023, 15:01

Author Name: Proactive Investors

ETNB News

By Seeking Alpha
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89bio's Low Price Presents An Opportunity

89bio, Inc. stock dropped along with other NASH players after Akero's efruxifermin failed a phase 2 trial. Despite the drop, 89bio remains attractive

By GlobeNewsWire
October 17, 2023

89bio to Participate in the H.C. Wainwright 7ᵗʰ Annual NASH Investor Conference

SAN FRANCISCO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- 89bio, Inc. (Nasdaq: ETNB), a clinical-stage biopharmaceutical company focused on the development and

By The Motley Fool
October 10, 2023

Why Shares of 89bio Plummeted on Tuesday

89bio is a clinical-stage biotech company. It focuses on treatments for liver and cardiometabolic diseases.

By Proactive Investors
August 28, 2023

89bio earns ‘Buy' rating in initial coverage on positive prospects for NASH therapeutic

Analysts at UBS have initiated coverage on 89bio (ETNB) with a ‘Buy' rating and a US$36 price target, representing an upside of about 117.5% from th

By Seeking Alpha
August 10, 2023

89bio, Inc.: A Big Bet On NASH

89bio, Inc. is a clinical-stage biotech company focused on developing therapies for liver and cardio-metabolic diseases. The stock surged after top-li

By Market Watch
June 13, 2023

89bio shares rise as analysts see improved outlook for NASH treatments

Shares of clinical-stage biopharma company 89bio Inc. ETNB, +4.38% gained 4.8% premarket on Tuesday as Evercore ISI analysts initiated coverage of the

By Zacks Investment Research
May 29, 2023

89BIO (ETNB) Just Overtook the 20-Day Moving Average

89BIO (ETNB) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ETNB crossed a

By Seeking Alpha
May 28, 2023

89bio: Great Prospects After Excellent Phase 2 Data

ETNB posted excellent phase 2 data in March. They plan to start a phase 3 trial now.

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