Cue Biopharma (CUE) Price Target Raised by 25% to $5.10
Price Target Update: The average one-year price target for Cue Biopharma has been revised to $5.10 per share, reflecting a 25% increase from the previous estimate of $4.08, and represents an 828.79% increase from the latest closing price of $0.55.
Fund Sentiment: There are currently 62 funds reporting positions in Cue Biopharma, with a 3.33% increase in ownership over the last quarter, and the average portfolio weight dedicated to CUE has risen by 28.25%.
Shareholder Activity: Notable shareholders include Bleichroeder with 8.66% ownership, Catalytic Wealth RIA increasing its shares by 2.91%, and Vanguard Extended Market Index Fund increasing its holdings by 55.09%, while Geode Capital Management decreased its allocation by 41.09%.
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Biotech Stocks Surge: Coherus Up 9.09% in After-Hours Trading
- Coherus Performance: Coherus Oncology, Inc. (CHRS) rose 9.09% in after-hours trading, closing at $1.73 with a $0.14 gain, indicating strong investor confidence in its future prospects.
- Sensei Biotech Surge: Sensei Biotherapeutics, Inc. (SNSE) surged 10.06% after hours, finishing at $12.47 with a $1.14 increase, reflecting positive market expectations for its products.
- uniQure Significant Jump: uniQure N.V. (QURE) posted a 9.96% rise in after-hours trading, closing at $24.95 with a $2.26 gain, suggesting investor optimism regarding its R&D progress.
- IO Biotech Strategic Exploration: Although IO Biotech, Inc. (IOBT) had no fresh news on Thursday, its stock still gained 4.19%, closing at $0.50, indicating market interest in its exploration of strategic alternatives, including potential mergers or asset sales.

IO Biotech (IOBT) Explores Strategic Alternatives, Stock Surges 19.36%
- Strategic Alternatives: IO Biotech announced it will explore various strategic alternatives to maximize shareholder value, resulting in a 19.36% stock surge to $0.25, indicating strong investor interest in potential mergers or asset sales.
- Cost-Cutting Measures: The company is evaluating further reductions in force and other measures to significantly cut operating expenses, aiming to enhance financial flexibility and pave the way for future strategic options.
- Speculative Trading: Cue Biopharma's stock rose 10.67% to $0.42 despite no new company news, suggesting speculative trading activity may reflect investor optimism in the biotech sector.
- Continued Growth Trend: InfuSystem and Cabaletta Bio saw stock increases of 7.19% and 7.68%, respectively, demonstrating ongoing investor interest in the medical services and biotech sectors, despite the absence of new corporate updates.









