Wolfe Research initiated coverage of Abivax (ABVX) with an Outperform rating and $176 price target The company’s odds of success in Crohn’s disease may be higher than that of ulcerative colitis, the analyst tells investors in a research note. The firm says that with ulcerative colitis already succeeding, and with obefazimod having a better mechanism for Crohn’s disease, the Crohn’s readout is a better catalyst in 2026.
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