JonesResearch downgraded Monopar Therapeutics (MNPR) to Hold from Buy without a price target following the Q4 report. The firm remains “enthusiastic” about the potential of both in-licensed ALXN-1840 in Wilson’s disease and earlier stage MNPR-101-Lu. However, it believes the company is fairly valued at current levels and that it is unlikely to increase substantially in price until the new drug application submission for ALXN-1840 approaches in 2026.
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