Denali Therapeutics' stock price fell after a lower price target, but analysts still see potential.

Denali Therapeutics' stock price dropped after HC Wainwright lowered its price target, though the firm still holds a "buy" rating. The company, which develops treatments for neurodegenerative and lysosomal storage diseases, has a "Moderate Buy" consensus rating and an average target price of $39.27. Despite recent insider selling and institutional ownership at 92.92%, analysts remain largely optimistic about the stock's potential.

3 months ago
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