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Stock impact report

Guggenheim Sees Compass (CMPX) Potential Driven by Biliary Tract Cancer Pipeline [Yahoo! Finance]

Compass Therapeutics, Inc. (CMPX) 
Company Research Source: Yahoo! Finance
now . The company's lead program, CTX-009, is progressing through clinical trials for advanced solid tumors, particularly biliary tract cancer (BTC), where the company estimates a market opportunity exceeding $1 billion. Notably, Compass Therapeutics Inc. (NASDAQ:CMPX) is pointing out a significant unmet medical need, as around 85% of BTC patients who fail first-line therapy have no approved, effective treatment. Guggenheim Sees Compass (CMPX) Potential Driven by Biliary Tract Cancer Pipeline Pressmaster/Shutterstock.com On that front, analyst Michael Schmidt of Guggenheim released an optimistic report. On August 12, the analyst raised his price target on Compass Therapeutics Inc. (NASDAQ:CMPX) to $12 from $10, and maintained a Buy rating. The call followed the release of Q2 results, which included encouraging pipeline updates and new clinical data. Management updated guidance for the COMPANION-002 Phase 2/3 trial of tovecimig in biliary tract cancer. Final progression-free su Show less Read more
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