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HilleVax, Inc (HLVX) Receives a Buy from SVB Securities
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HilleVax, Inc (HLVX) Receives a Buy from SVB Securities

In a report released on May 15, David Risinger from SVB Securities reiterated a Buy rating on HilleVax, Inc (HLVXResearch Report), with a price target of $30.00. The company’s shares closed yesterday at $13.85.

Risinger covers the Healthcare sector, focusing on stocks such as Halozyme, Centessa Pharmaceuticals, and Eli Lilly & Co. According to TipRanks, Risinger has an average return of 6.6% and a 55.28% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for HilleVax, Inc with a $26.00 average price target, which is an 87.73% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a $22.00 price target.

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HLVX market cap is currently $544.9M and has a P/E ratio of -3.70.

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HilleVax Inc is a clinical-stage biopharmaceutical company. It is focused on developing and commercializing novel vaccines. The firm’s initial program, HIL-214, is a virus-like particle (VLP) based vaccine candidate for the prevention of moderate-to-severe acute gastroenteritis (AGE) caused by norovirus infection.

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