Kazia Therapeutics Limited Raises Price Target for Depositary Receipt (KZIA) by 10.53% to 21.42

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Kazia Therapeutics Limited (NasdaqCM:KZIA) has had its average one-year price target revised to $21.42 per share, a 10.53% increase from the previous estimate of $19.38 dated April 12, 2023. This new target represents an 80.84% increase from its last reported closing price of $11.84 per share.

The number of funds or institutions holding positions in Kazia has increased to 26, marking a 73.33% rise from the last quarter, with total shares owned by institutions skyrocketing by 1,162.60% to 2.48 million shares. The average portfolio weight dedicated to KZIA among all funds is now 0.17%, up 363.85%.

The current put/call ratio for KZIA stands at 0.02, indicating a bullish sentiment in the market.

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