H.C. Wainwright reiterates Buy rating on Cullinan Oncology stock at $24
H.C. Wainwright has reiterated its Buy rating and $24 price target for Cullinan Oncology (NASDAQ:CGEM) following updated positive data from its Phase 2b REZILIENT1 trial for zipalertinib in NSCLC patients. The stock is currently trading near its 52-week low but is considered undervalued by InvestingPro analysis based on its Fair Value metrics. This comes amidst other recent positive developments, including continued support from analysts despite competing drug approvals.