IO Biotech (IOBT) Price Target Increased to $14 by H.C. Wainwright | IOBT Stock News

May 14, 2025

H.C. Wainwright has raised its price target for IO Biotech (IOBT, Financial) from $12 to $14 while maintaining a Buy rating on the stock. This adjustment comes in the wake of lower than anticipated operating expenses reported in the company’s recent Q1 results. Furthermore, the analyst highlights that IO Biotech's Phase 3 trial data for advanced melanoma remains on schedule for a third-quarter release.

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