<div id="readability-page-1"><p><span>Sutro Biopharma (NASDAQ:STRO - Get Free Report)</span> had its price target raised by stock analysts at Citizens Jmp  from $23.00 to $35.00 in a report released on Friday,Benzinga reports. The firm presently has a &#34;market outperform&#34; rating on the stock. Citizens Jmp's price objective would suggest a potential upside of 17.63% from the company's current price.</p><div><p><span></span><span>Get <strong>Sutro Biopharma</strong> alerts:</span></p></div><p>Several other research analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft increased their price objective on Sutro Biopharma from $51.00 to $55.00 and gave the stock a &#34;buy&#34; rating in a research note on Wednesday, March 25th. HC Wainwright upgraded Sutro Biopharma from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and boosted their price target for the company from $10.00 to $28.00 in a research note on Tuesday, March 24th. Wells Fargo &amp; Company raised Sutro Biopharma from an &#34;equal weight&#34; rating to an &#34;overweight&#34; rating and boosted their price objective for the company from $8.00 to $27.00 in a report on Tuesday, March 24th. Leerink Partners started coverage on shares of Sutro Biopharma in a report on Tuesday, April 7th. They set an &#34;outperform&#34; rating and a $38.00 target price for the company. Finally, Citigroup  reiterated an &#34;outperform&#34; rating on shares of Sutro Biopharma in a research note on Friday. One equities research analyst  has rated the stock with a Strong Buy rating, seven have issued  a Buy rating, one  has given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company  has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $38.88.</p><p><b>Check Out Our Latest Stock Report on Sutro Biopharma</b></p><h2>Sutro Biopharma Trading Up 1.4%</h2><p>Shares of NASDAQ STRO opened at $29.76 on Friday. The firm has a 50 day moving average of $22.09 and a 200 day moving average of $14.61. The firm has a market capitalization of $492.95 million, a price-to-earnings ratio of -1.14 and a beta of 1.31. Sutro Biopharma has a 12-month low of $5.23 and a 12-month high of $30.50. </p><h2>Institutional Inflows and Outflows</h2><p>Several institutional investors and hedge funds have recently made changes to their positions in STRO. AQR Capital Management LLC raised its stake in shares of  Sutro Biopharma by 1,052.8% during the first quarter. AQR Capital Management LLC now owns 1,320,917 shares of the company's stock worth $859,000 after purchasing an additional 1,206,330 shares during the last quarter.  Jane Street Group LLC acquired a new stake in shares of  Sutro Biopharma in the 2nd quarter worth $492,000.  Jacobs Levy Equity Management Inc. purchased a new stake in shares of  Sutro Biopharma in the third quarter valued at about $387,000.  Two Sigma Investments LP increased its stake in shares of  Sutro Biopharma by 244.8% during the third quarter. Two Sigma Investments LP now owns 396,785 shares of the company's stock worth $345,000 after acquiring an additional 281,717 shares during the period.  Finally, Marshall Wace LLP purchased a new position in  Sutro Biopharma during the second quarter worth about $166,000. 96.99% of the stock is owned by institutional investors and hedge funds. </p><h2>About Sutro Biopharma</h2> (Get Free Report)<p>Sutro Biopharma, Inc is a clinical-stage biopharmaceutical company focused on the discovery and development of novel biologic drug candidates in the fields of oncology and immunology. The company leverages a proprietary cell-free protein synthesis platform, XpressCF™, to design and produce complex, multi-specific proteins that include antibody-drug conjugates, bispecific antibodies, and cytokine fusion proteins. This platform enables rapid generation and optimization of protein therapeutics that may not be feasible with traditional cell-based expression systems.  </p><p>Founded in 2003 and headquartered in South San Francisco, California, Sutro Biopharma has built a pipeline of immuno-oncology candidates in various stages of preclinical and clinical development.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Sutro Biopharma</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U1RSTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U1RSTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Sutro Biopharma Right Now?</h2><p>Before you consider Sutro Biopharma, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sutro Biopharma wasn't on the list.</p><p>While Sutro Biopharma currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Citizens Jmp has raised its price target for Sutro Biopharma (NASDAQ:STRO) from $23.00 to $35.00, maintaining a "market outperform" rating. This suggests a potential upside of 17.63% from the current price. Other analysts have also increased their price targets, with Deutsche Bank setting it at $55.00 and HC Wainwright at $28.00. The stock is currently trading at $29.76, with a consensus target price of $38.88 and an average rating of "Moderate Buy."</p>

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Sutro Biopharma (NASDAQ:STRO) Stock Price Expected to Rise, Citizens Jmp Analyst Says