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Climb Bio initiated with an Overweight at Piper Sandler

Piper Sandler initiated coverage of Climb Bio (CLYM) with an Overweight rating and $23 price target The company is developing budoprutug across three indications and CLYM116 in Berger’s disease, the analyst tells investors in a research note. Piper says Climb Bio has “multiple shots on goal to unlock significant value” heading into a catalyst-rich 2026.

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