JPMorgan initiates C4 Therapeutics stock coverage at Overweight
JPMorgan initiated coverage on C4 Therapeutics (NASDAQ:CCCC) with an Overweight rating and a $10.00 price target, citing the potential of cemsidomide in multiple myeloma. The firm projects U.S. peak sales of $500M-$600M by 2035 for cemsidomide and $3B-$4B by 2041 for its combination with elranatamab. The stock is currently trading at $2.85.


