Barclays raised the firm’s price target on MBX Biosciences (MBX) to $70 from $66 and keeps an Overweight rating on the shares. The MBX 4291 data in obesity is early but shows encouraging signs of activity that at this stage look to be competitive, the analyst tells investors in a research note.
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Read More on MBX:
- MBX Biosciences price target raised to $86 from $76 at Citizens
- MBX Biosciences price target raised to $70 from $50 at Truist
- MBX Biosciences Phase 1 data supports once-monthly dosing for MBX 4291
- MBX Biosciences Highlights Positive Phase 1 Obesity Data
- Advancing Pipeline and Key Data Catalysts Drive Analyst’s Bullish View on MBX
