Leerink Partners analyst Jeffrey La Rosa has maintained their bullish stance on JANX stock, giving a Buy rating today.
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Jeffrey La Rosa’s rating is based on several promising aspects of Janux Therapeutics Inc’s pipeline and strategic direction. He is optimistic about the company’s focus on prostate cancer through their CD28 co-stimulation program, which complements their existing JANX007 candidate. This approach, while introducing some development and regulatory challenges, is seen as a strategic move rather than a necessity for JANX007’s success.
Additionally, La Rosa is intrigued by Janux’s bispecific ARM platform, particularly their CD19 target for autoimmune diseases, which offers diversification and potential in a competitive field. Furthermore, the masked Trop2 TCE program, despite its clinical risks, presents significant upside potential. These factors, combined with upcoming updates on their lead candidates, contribute to La Rosa’s Buy rating for Janux Therapeutics.