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Stock impact report

Why Scholar Rock Stock Raced 6% Higher Today [Yahoo! Finance]

Scholar Rock Holding Corporation (SRRK) 
Last scholar rock holding corporation earnings: 11/12 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
She singled out one of its pipeline candidates as having oversized potential. 10 stocks we like better than Scholar Rock › An analyst's initiation of coverage was the spark that lit the fire underneath Scholar Rock 's (NASDAQ: SRRK) equity on Thursday. The clinical-stage biotech 's share price ballooned by 6% in response, on a trading day when the benchmark S&P 500 (SNPINDEX: ^GSPC) sagged by 0.3%. A rock of a stock Well before market open, Tazeen Ahmad of Bank of America Securities launched her tracking of Scholar Rock. Image source: Getty Images. The reason the market reacted so strongly and positively to this is because Ahmad flagged it as a buy, at a price target of $53 per share. That's nearly 30% higher than the company's most recent closing price, even after Thursday's pop. The analyst is particularly taken by Scholar Rock's investigational spinal muscular atrophy (SMA) drug apitegromab, according to reports. So far in its development, the medication appears to b Show less Read more
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