Rezolute Inc. (NASDAQ:RZLT) reported a Q loss of $0.44/share, missing estimates by $0.14, while 7 analysts rated it a "buy"

Rezolute Inc. (NASDAQ:RZLT), a clinical-stage biopharmaceutical firm, reported a quarterly loss of $0.44 per share, missing expectations by $0.14. Despite this, seven analysts rated the stock as a "buy," with an average price target of $11.57. The company’s lead candidate, RZ358, is in Phase 2b trials for congenital hyperinsulinism. Rezolute's stock opened at $5.08 and has a market cap of $203.89 million.

September 21, 2024
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