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-0.00254048904414106 -0.00666878374087014 0.00714512543664649 0.0114322006986345 0.0158780565258812 -0.0133375674817403 0.00952683391552876 0.0533502699269609
Stock impact report

Cogent Biosciences: Soaring On Blowout GIST Data - I Expect More Upside [Seeking Alpha]

Cogent Biosciences, Inc. (COGT) 
Last cogent biosciences, inc. earnings: 11/8 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cogint.com/investor-relations
Company Research Source: Seeking Alpha
COGT's bezuclastinib showed a 50% reduction in disease progression risk and superior objective response rates versus standard of care. Strong PEAK data de-risks upcoming readouts and supports blockbuster revenue projections, with analysts targeting $1.5bn peak sales and a $3-4bn valuation. Despite single-asset risk and cash burn, the strength of clinical data and market potential make COGT stock a compelling long-term buy-and-hold opportunity. The opportunity to secure approvals in advanced and non-advanced systemic mastocytosis by 2027 only enhances the value proposition. hernan4429/iStock via Getty Images Investment Overview Cogent Biosciences, Inc. ( COGT ) stock went stratospheric yesterday, gaining ~120% to reach a value of $42.5, after the Waltham, Massachusetts based biotech reported positive results from its Phase 3 PEAK study More on my IG service If you are interested in keeping up to date with stocks making moves within the biotech, pharma and healthcare in Show less Read more
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