Clear Street raised the firm’s price target on Oruka Therapeutics (ORKA) to $71 from $46 and keeps a Buy rating on the shares. The firm says the Phase 1 data for ORKA-002 in hidradenitis suppurativa hit the bull case. It sees “best-in-class” potential for the drug.
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Read More on ORKA:
- Oruka Therapeutics: Long-Acting IL-17 Platform Drives Upgraded Valuation and Buy Rating
- Oruka provides updates on Phase 1 trial of ORKA-002, EVERLAST-B ORKA-001 trial
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- ORKA-001 Psoriasis Trial: Fresh Phase 2 Update and What It Means for Investors
- Oruka Therapeutics initiated with an Overweight at Piper Sandler
