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Akero Therapeutics Soars 10.07% on Analyst Upgrades, Investor Optimism

Mover TrackerFriday, Mar 28, 2025 4:27 am ET
1min read

On March 28, 2025, Akero Therapeutics' stock surged by 10.07% in pre-market trading, indicating a significant bullish sentiment among investors.

Akero Therapeutics has seen a flurry of analyst activity, with citi raising their price target to $80 and HC Wainwright increasing their target to $75, up from $72. These revisions reflect a growing optimism about the company's prospects, driven by positive developments in its pipeline and strategic initiatives.

Additionally, Proficio Capital Partners LLC has invested $320,000 in akero therapeutics, further bolstering investor confidence in the company's future growth potential. This investment, coupled with the recent analyst upgrades, suggests that Akero Therapeutics is poised for continued success in the biotech sector.

Ask Aime: Why did Akero Therapeutics' stock surge by 10.07% in pre-market trading?

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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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