iBio stock initiated at buy by H.C. Wainwright with $7 target
H.C. Wainwright initiated coverage on iBio Inc. (NASDAQ:IBIO) with a buy rating and a $7.00 price target, citing potential in its obesity and diabetes treatments. The stock has declined 52% over six months. The firm highlighted the company's cash position of $88.0 million as of June 30, 2026, with runway extending into 2028, despite high cash burn.


