Raymond James initiated coverage of Cogent Biosciences (COGT) with a Strong Buy rating and $30 price target The firm thinks the company’s lead asset bezuclastinib possesses best-in-class potential in the “large and expanding” non-advanced systemic mastocytosis market. Key opinion leaders believe bezuclastinib possesses a differentiated profile, offering a meaningful efficacy and safety benefit, the analyst tells investors in a research note.
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Read More on COGT:
- Cogent Biosciences price target raised to $20 from $17 at Guggenheim
- Cogent Biosciences price target lowered to $21 from $22 at H.C. Wainwright
- Cogent Biosciences Reports Increased Losses Amidst Ongoing Development
- Promising Pipeline and Financial Stability Drive Buy Rating for Cogent Biosciences
- Cogent Biosciences reports Q2 net loss $73.529M vs $58.95M last year
