TD Cowen analyst Yaron Werber has maintained their bullish stance on DNTH stock, giving a Buy rating today.
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Yaron Werber has given his Buy rating due to a combination of factors that highlight Dianthus Therapeutics’ promising prospects. The company is advancing its DNTH103 program, an active C1s inhibitor, across three significant autoimmune indications, with pivotal trials on track for key data readouts in the coming years. The innovative YTE half-life extension technology allows for more convenient dosing, potentially positioning DNTH103 as a best-in-class product.
Furthermore, Dianthus has a solid financial foundation with $309 million in cash, providing a runway into the second half of 2027. The upcoming trial results, particularly the Phase 2 MaGic trial in generalized myasthenia gravis (gMG), are expected to be positive, aligning with the performance of existing treatments. The anticipated success of DNTH103, combined with its low valuation and favorable risk/reward profile, supports the Buy rating as the company approaches significant data milestones in 2025.