TD Cowen Sticks to Its Buy Rating for Metagenomi, Inc. (MGX)12:00 AM Metagenomi (NASDAQ: MGX) Buy (1) ESG Target: NA Report THE TD COWEN INSIGHT MGX announced a pipeline re-prioritization and 25% workforce reduction which will put the focus on MGX's late- stage P.C. programs, led by MGX-001 for Heme A. New P.C. dose-finding data in NHPs supports a competitive profile and a CTA/IND is slated for Q4:26, with continued progress on partnership efforts. Cash management and execution will be key, though we are encouraged by today's update. New P.C.