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0.000987166831194416 0.00217176702862783 0.00296150049358339 -0.000197433366238995 0.00138203356367227 0.00738400789733455 0.00572556762092792 0.00651530108588348
Stock impact report

Stifel starts AnaptysBio at buy, cites upcoming catalysts [Seeking Alpha]

AnaptysBio, Inc. (ANAB) 
Last anaptysbio, inc. earnings: 3/2 08:45 am Check Earnings Report
US:NASDAQ Investor Relations: ir.anaptysbio.com/investor-relations
Company Research Source: Seeking Alpha
Stifel said its bullish rating is based on its belief that immune cell modulation “represents a key part of the evolution in the treatment paradigm of autoimmune disease.” The investment firm noted that AnaptysBio has ongoing Phase 2 studies for its PD-1 agonist, rosnilimab, and BTLA agonist, ANB032, in rheumatoid arthritis and atopic dermatitis, which are expected to read out in mid-2025 and year-end 2024, respectively. “We think that further validation of the PD-1 efficacy signal in RA could see ANAB shares up 75% to 100%, while downside, 30% to 40%, is limited by a strong cash position and pipeline,” the analysts wrote in their note. Stifel set its price target at $50. Recommended For You Recommended For You About ANAB Stock Related Stocks Trending Analysis Trending News Show less Read more
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