Raymond James raises Sionna Therapeutics stock price target on CF data
Raymond James raised its price target on Sionna Therapeutics (NASDAQ:SION) to $59 from $53 and kept a Strong Buy rating after the company’s Q2 2026 update. The stock trades at $50.26. The firm cited Phase 2a CF data for SION-719 (PreciSION CF) and upcoming summer readouts to guide a Phase 2b start in H2 2026.