Citi raised the firm’s price target on Cogent Biosciences (COGT) to $22 from $15 and keeps a Buy rating on the shares. The firm says that following the results for bezuclastinib in non-advanced systemic mastocytosis, the drug is being viewed as upgrade over Blueprint Medicines’ (BPMC) Ayvakit. Citi sees more data catalysts for Cogent.
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