Inovio Pharmaceuticals Inc (INO)

[Frenchy2016]

4 Growth Stocks With 187% to 434% Upside,
According to Wall Street
Based on analysts' loftiest price targets, these companies could nearly triple or potentially quintuple investors' money over the next year.

Inovio Pharmaceuticals: Implied upside of 434%
But the crème de la crème of upside opportunity, at least on this list, is clinical-stage biotech stock Inovio Pharmaceuticals (NASDAQ:INO). According to analyst Hartaj Singh of Oppenheimer, Inovio is forecast to hit $35 a share. Based on its $6.55 closing price last week, this implies up to 434% upside in Inovio's shares.

Most of Singh's bullishness is centered around Inovio's development of a coronavirus disease 2019 (COVID-19) vaccine. With billions of people worldwide still needing to be inoculated, there's room for additional vaccine players.

On the other hand, Inovio's development of its COVID-19 vaccine, INO-4800, has been just as dubious as its long-term drug-development track record. Last year, it looked as if Inovio had a real shot to be one of the first developers to hit the market with a COVID-19 vaccine. Unfortunately, Inovio's plans were derailed by partial clinical holds in the United States. To boot, the U.S. eventually pulled phase 3 trial funding, which has forced Inovio to conduct its large-scale phase 3 study in Mexico and other countries around the globe.

Perhaps the bigger worry here is that, despite a robust clinical pipeline, Inovio has yet to bring a drug to pharmacy shelves more than 40 years after its founding. Inovio has been lucky enough to raise capital to keep its research going, but it's never been able to deliver on the hype surrounding the company. Suffice it to say, I don't foresee a $35 price target coming to fruition anytime soon, if ever.[color=red][/color]

Well it started with a positive headline but closed on a negative one.
Anyway exposure is exposure....

https://www.fool.com/investing/2021/10/13/4-growth-stocks-with-187-to-434-upside-wall-street/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article