Guggenheim lowered the firm’s price target on Olema Oncology (OLMA) to $35 from $38 and keeps a Buy rating on the shares. The firm, which has updated its model for expense trends, says “the key learning” from near-term monotherapy OP-3136 data at ASCO 2026 will be safety versus Pfizer’s (PFE) KAT6 that reports high-dose reductions, especially due to cytopenias and dysgeusia.
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Read More on OLMA:
- Olema Pharmaceuticals: Differentiated KAT6i and Palazestrant Pipeline Catalysts Underpin Buy Rating
- Olema Oncology reports Q1 EPS (52c), consensus (54c)
- Olema Pharmaceuticals Signs New Headquarters Lease at Oyster Point
- Olema Pharmaceuticals Adds Veteran Director to Support Growth
- Olema Oncology to present initial clinical data for OP-3136 at ASCO
