Sutro Biopharma (STRO) PT Lowered to $18 at Truist Securities
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Sutro Biopharma (STRO) PT Lowered to $11 at Piper Sandler
April 3, 2024 6:48 AM EDTPiper Sandler analyst Edward Tenthoff lowered the price target on Sutro Biopharma (NASDAQ: STRO) to $11.00 (from $12.00) while maintaining a Overweight rating.
The analyst comments "Sutro partnered preclinical ROR1 ADC STRO-003 with Ipsen for $50 million upfront, $25 million equity investment, >$800 million in milestones plus low-double... More
Sutro Biopharma Inc. (STRO) Prices 14.48M Share Offering at $5.18/sh
April 2, 2024 6:21 AM EDTSutro Biopharma, Inc. (NASDAQ: STRO) today announced the pricing of an underwritten offering of 14,478,764 shares of its common stock at a price of $5.18 per share. The gross proceeds from this offering are expected to be approximately $75.0 million, before deducting underwriting discounts and commissions and other offering expenses payable by Sutro. All of the shares of common stock are being offered by Sutro. The offering is expected to close on or about April 4, 2024, subject to the satisfaction of customary... More
