Sionna Therapeutics (NASDAQ:SION) Shares Gap Up – Should You Buy?

Sionna Therapeutics, Inc. (NASDAQ:SIONGet Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $16.27, but opened at $16.60. Sionna Therapeutics shares last traded at $16.00, with a volume of 29,024 shares trading hands.

Wall Street Analyst Weigh In

Several analysts have issued reports on SION shares. Stifel Nicolaus started coverage on Sionna Therapeutics in a report on Tuesday, March 4th. They set a “buy” rating and a $32.00 price objective on the stock. Guggenheim started coverage on shares of Sionna Therapeutics in a report on Tuesday, March 4th. They set a “buy” rating and a $45.00 price target on the stock. Finally, TD Cowen began coverage on shares of Sionna Therapeutics in a research report on Tuesday, March 4th. They set a “buy” rating on the stock.

View Our Latest Stock Report on Sionna Therapeutics

Sionna Therapeutics Trading Down 1.6 %

Sionna Therapeutics Company Profile

(Get Free Report)

We are a clinical-stage biopharmaceutical company on a mission to revolutionize the current treatment paradigm for cystic fibrosis (“CF”) patients by developing novel medicines that normalize the function of the cystic fibrosis transmembrane conductance regulator (“CFTR”) protein to deliver clinically meaningful benefit to CF patients.

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