Wells Fargo Upgrades Sutro Biopharma (STRO) with Significant Price Target Increase | STRO Stock News

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Wells Fargo analyst Eva Fortea Verdejo has upgraded Sutro Biopharma (STRO) from Equal-Weight to Overweight, significantly increasing the price target from $8.00 to $27.00. This upgrade, reflecting a 237.50% change, signals a more optimistic outlook for the company’s future performance in the biotech sector. Sutro Biopharma is a clinical-stage company developing biopharmaceutical products for cancer and autoimmune disorders using its proprietary XpressCF platform.

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