Wave Life Sciences: Differentiated INHBE-Targeting Obesity Therapy WVE-007 Supports Buy Rating and Upside Potential
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Andrew Fein from H.C. Wainwright reiterated a Buy rating for Wave Life Sciences, targeting $30.00, due to WVE-007's differentiated profile and market potential. The therapy reduces visceral fat and increases lean muscle without gastrointestinal side effects. Fein sees WVE-007 as a maintenance therapy post-GLP-1 weight loss and a complementary agent, enhancing its market value. Upcoming competitor data validates the INHBE-targeting approach, supporting Wave's strategic positioning. Wedbush also maintained a Buy rating with a $33.00 target.
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