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Compass Therapeutics price target raised to $13 from $10 at Canaccord

Canaccord raised the firm’s price target on Compass Therapeutics (CMPX) to $13 from $10 and keeps a Buy rating on the shares. The firm said they see upside to $13 and downside to $4 on upcoming Phase 2/3 data for tovecimig + paclitaxel expected end of 1Q26. They see a low bar vs paclitaxel monotherapy, and note Compass demonstrated a statistically significant benefit for response rate as well as believing safety is manageable,

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