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H.C. Wainwright Remains a Buy on Invivyd (IVVD)
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H.C. Wainwright Remains a Buy on Invivyd (IVVD)

In a report released today, Patrick Trucchio from H.C. Wainwright reiterated a Buy rating on Invivyd (IVVDResearch Report), with a price target of $5.00. The company’s shares opened today at $1.37.

According to TipRanks, Trucchio is an analyst with an average return of -16.7% and a 31.34% success rate. Trucchio covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Oncolytics Biotech, and COMPASS Pathways.

Invivyd has an analyst consensus of Moderate Buy, with a price target consensus of $5.00.

See the top stocks recommended by analysts >>

The company has a one-year high of $4.90 and a one-year low of $0.98. Currently, Invivyd has an average volume of 392.5K.

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Adagio Therapeutics Inc is a clinical-stage biopharmaceutical company. It is focused on the discovery, development and commercialization of antibody-based solutions for infectious diseases with pandemic potential. The company’s lead product candidate, ADG20 is developed for the treatment and prevention of coronavirus disease 2019, or COVID-19, the disease caused by the virus SARS-CoV-2 and its variants.

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