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Ionis jumps as FDA clears Dawnzera; Wall Street hikes targets
short by / on Friday, 22 August, 2025
Ionis surged after FDA approval of Dawnzera, the first RNA-targeted prophylactic for hereditary angioedema. BofA raised its target to $64 (Buy), while Stifel lifted to $43 (Hold), citing the drug's clean label and flexible dosing. Phase 3 data showed an 81% drop in attacks, with longer-term reductions above 90%. Retail sentiment on Stocktwits turned 'extremely bullish.'
read more at Stocktwits