Hookipa Pharma (HOOK) Now Covered by Leerink Swann

Leerink Swann assumed coverage on shares of Hookipa Pharma (NASDAQ:HOOK) in a research note published on Monday, Benzinga’s Daily Ratings Newsletter reports. The brokerage issued an outperform rating and a $20.00 price objective on the stock.

Other equities research analysts have also issued research reports about the company. Bank of America initiated coverage on Hookipa Pharma in a research report on Monday. They set a buy rating and a $17.00 price target on the stock. Svb Leerink initiated coverage on Hookipa Pharma in a research report on Monday. They set an outperform rating and a $20.00 price target on the stock. Finally, Royal Bank of Canada initiated coverage on shares of Hookipa Pharma in a report on Monday. They set an outperform rating and a $23.00 target price on the stock.

NASDAQ HOOK opened at $12.83 on Monday. Hookipa Pharma has a one year low of $12.30 and a one year high of $14.76.

In other news, insider Bros. Advisors Lp Baker purchased 892,857 shares of the company’s stock in a transaction on Tuesday, April 23rd. The shares were purchased at an average price of $14.00 per share, with a total value of $12,499,998.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Sofinnova Capital Vi Fcpr purchased 357,142 shares of the company’s stock in a transaction on Tuesday, April 23rd. The stock was purchased at an average cost of $14.00 per share, for a total transaction of $4,999,988.00. The disclosure for this purchase can be found here.

Hookipa Pharma Company Profile

HOOKIPA Pharma Inc, a clinical-stage biopharmaceutical company, develops immunotherapeutics targeting infectious diseases and cancers based on its proprietary arenavirus platform. The company's lead infectious disease product candidate is HB-101, which is in a randomized double-blinded Phase 2 clinical trial in cytomegalovirus-negative patients awaiting kidney transplantation from cytomegalovirus-positive donors.

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