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H.C. Wainwright Keeps Their Buy Rating on Inhibikase Therapeutics (IKT)
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H.C. Wainwright Keeps Their Buy Rating on Inhibikase Therapeutics (IKT)

In a report released today, Edward White from H.C. Wainwright reiterated a Buy rating on Inhibikase Therapeutics (IKTResearch Report), with a price target of $27.00. The company’s shares opened today at $3.36.

White covers the Healthcare sector, focusing on stocks such as SAB Biotherapeutics, TG Therapeutics, and Inhibikase Therapeutics. According to TipRanks, White has an average return of -12.4% and a 29.64% success rate on recommended stocks.

Inhibikase Therapeutics has an analyst consensus of Moderate Buy, with a price target consensus of $27.00.

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IKT market cap is currently $18.94M and has a P/E ratio of -0.88.

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Inhibikase Therapeutics Inc is a clinical stage pharmaceutical company developing therapeutics for Parkinson’s Diseases and related disorders inside and outside the brain. Its pipeline product, IkT-148009, targets underlying disease mechanisms to reverse the course of Parkinson’s disease and the GI complications of Parkinson’s disease.

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