H.C. Wainwright Remains a Hold on Syros Pharmaceuticals


H.C. Wainwright analyst Andrew Fein maintained a Hold rating on Syros Pharmaceuticals (NASDAQ: SYRS) today and set a price target of $10. The company’s shares closed yesterday at $11.53.

According to TipRanks.com, Fein is a 4-star analyst with an average return of 5.5% and a 48.5% success rate. Fein covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, ACADIA Pharmaceuticals Inc, and Strongbridge Biopharma Plc.

Syros Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $19.

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Based on Syros Pharmaceuticals’ latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $14.46 million. In comparison, last year the company had a GAAP net loss of $11.52 million.

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Syros Pharmaceuticals, Inc. engages in the development of novel gene control therapies for cancer and other diseases. It has developed a proprietary platform that is designed to systematically and efficiently analyze unexploited region of DNA in human disease tissue to identify and drug novel targets linked to genomically defined patient populations.

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