Analyst CoverageAn analyst initiation with an outperform rating and a price target signaling material upside can attract new investors and improve stock sentiment.
Financial RunwayA cash balance of $93 million provides runway through 2028, supporting continued development of FB102 without immediate need for additional capital.
Sector MomentumRecovery in the biotech sector is prompting re-ratings of development-stage microcap companies, which can increase investor interest in Forte Biosciences shares.