Epizyme (EPZM) Receives a Buy from Cowen & Co.


Cowen & Co. analyst Yaron Werber maintained a Buy rating on Epizyme (EPZM) today and set a price target of $18. The company’s shares opened today at $13.50.

According to TipRanks.com, Werber is a 4-star analyst with an average return of 12.5% and a 62.8% success rate. Werber covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Inc., Rocket Pharmaceuticals Inc, and Prevail Therapeutics Inc.

Currently, the analyst consensus on Epizyme is a Strong Buy with an average price target of $22.67.

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The company has a one-year high of $16.59 and a one-year low of $5.14. Currently, Epizyme has an average volume of 884.2K.

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is negative on the stock.

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Epizyme, Inc. is a clinical-stage biopharmaceutical company, which engage in the discovery, development, and commercialization of novel epigenetic medicines for cancer and other diseases. Its product pipeline is lead by, tazemetostat which targets Non-Hodgkin Lymphoma, molecularly defined solid tumors, non-small-cell lung carcinoma, molecularly targeted tumors, and ovarian cancer. It also develops pinometostat for genetically defined acute leukemia, and EZM8266 for sickle cell disease. The company was founded by Robert Horvitz and Zhang Yi on November 1, 2007 and is headquartered in Cambridge, MA.

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