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Surrozen's (SRZN) Buy Rating Reaffirmed at HC Wainwright
HC Wainwright has reaffirmed its “buy” rating for Surrozen (SRZN) and increased its price target to $36, signaling a potential upside of 42.6%. This comes despite Surrozen reporting a significant quarterly EPS miss and very negative margins. Notably, company insiders have recently increased their holdings, with major shareholders acquiring over 208,000 shares totaling approximately $4.47 million in the last three months, indicating strong insider confidence.