Surface Oncology (SURF) Now Covered by Analysts at Cowen

Cowen assumed coverage on shares of Surface Oncology (NASDAQ:SURF) in a research note published on Monday, Marketbeat.com reports. The firm issued an outperform rating on the stock.

Separately, Evercore ISI started coverage on Surface Oncology in a report on Monday. They issued an outperform rating and a $26.00 price objective on the stock.

Shares of Surface Oncology opened at $13.99 on Monday, Marketbeat.com reports. Surface Oncology has a fifty-two week low of $13.75 and a fifty-two week high of $13.75.

In other news, Director David S. Grayzel acquired 100,000 shares of the firm’s stock in a transaction on Monday, April 23rd. The shares were bought at an average price of $15.00 per share, for a total transaction of $1,500,000.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Lilly Ventures Fund I. Llc acquired 266,000 shares of the firm’s stock in a transaction on Monday, April 23rd. The stock was purchased at an average price of $15.00 per share, for a total transaction of $3,990,000.00. The disclosure for this purchase can be found here.

About Surface Oncology

Surface Oncology, Inc, a clinical-stage immuno-oncology company, engages in the development of cancer therapies. The company's lead product candidate is the SRF231 that is in Phase I clinical trial targeting protein called cluster of differentiation (CD) 47. It is also developing SRF373 inhibiting CD73; SRF617 inhibiting CD39; and SRF388, an antibody targeting interleukin 27.

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