Bank of America Begins Coverage on Finch Therapeutics Group (NASDAQ:FNCH)

Investment analysts at Bank of America initiated coverage on shares of Finch Therapeutics Group (NASDAQ:FNCH) in a report released on Monday, Benzinga reports. The brokerage set a “buy” rating and a $25.00 price target on the stock. Bank of America‘s price target indicates a potential upside of 75.69% from the company’s current price.

Several other equities analysts have also commented on the stock. Jefferies Financial Group started coverage on shares of Finch Therapeutics Group in a research report on Monday. They set a “buy” rating and a $29.00 price target for the company. Evercore ISI started coverage on shares of Finch Therapeutics Group in a research report on Monday. They set an “outperform” rating and a $34.00 price target for the company.

Finch Therapeutics Group stock opened at $14.23 on Monday. Finch Therapeutics Group has a one year low of $13.94 and a one year high of $22.50.

In related news, Director Jeffery A. Smisek acquired 88,235 shares of Finch Therapeutics Group stock in a transaction that occurred on Tuesday, March 23rd. The stock was acquired at an average price of $17.00 per share, with a total value of $1,499,995.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Finch Therapeutics Group Company Profile

Finch Therapeutics Group, Inc, a clinical-stage microbiome therapeutics company, engages in developing a novel class of orally administered biological drugs in the United States. Its lead candidate is CP101, an orally administered microbiome capsule that has completed Phase II clinical trial for the treatment of patients with recurrent Clostridioides difficile infection.

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