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SAB Biotherapeutics initiated with a Buy at Rodman & Renshaw

Rodman & Renshaw analyst Seema Sheoran initiated coverage of SAB Biotherapeutics (SABS) with a Buy rating and $13 price target implying 235% upside from current share levels. SAB is focused on developing SAB-142, a potentially disease modifying immunotherapy for autoimmune type 1 diabetes, the analyst tells investors in a research note. The firm sees the data in the second half of 2027 as the key catalyst for the stock.

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