JPMorgan analyst Anupam Rama downgraded Camp4 Therapeutics (CAMP) to Neutral from Overweight without a price target The company’s private placement provides a cash runway into 2027, but this is balanced by its the lead program CMP-SYNGAP-01 for Syngap-related disorders being in the very early stage, the analyst tells investors in a research note. JPMorgan now sees a long time horizon to patient level value creation for the shares.
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