H.C. Wainwright maintains a Buy rating and $42 price target on Edgewise Therapeutics (EWTX) after the company announced additional CIRRUS-HCM Part B and C results evaluating a lower 25 mg fixed-dose of EDG-7500 in oHCM and nHCM participantsResults from the 25 mg dose demonstrated sustained clinical activity across key HCM disease markers, while maintaining a favorable safety profile, says the analyst, who sees the data reinforcing EDG-7500’s potential for differentiation.
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Read More on EWTX:
- Prolonged Safety Uncertainty and Eroding Differentiation Keep EDG-7500 at Hold
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- Truist remains bullish on Edgewise Therapeutics’ EDG-7500 opportunity
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