Syros Announces Closing of Concurrent Public Offerings

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Syros Pharmaceuticals (SYRS) PT Lowered to $24 at Piper Jaffray

April 10, 2019 9:19 AM EDT

Piper Jaffray analyst Edward Tenthoff lowered the price target on Syros Pharmaceuticals (NASDAQ: SYRS) to $24.00 (from $28.00) while maintaining a Overweight rating. Syros recently raised gross proceeds of $70 million, bringing estimated pro forma cash to ~$165 million.

Syros is developing potentially best-in-class CDK7 inhibitors.... More