JPMorgan initiates Hemab Therapeutics stock with overweight rating
JPMorgan initiated coverage on Hemab Therapeutics (COAG) with an overweight rating and $70 price target, citing its pipeline for bleeding disorders. The stock is currently at $29.94, 46% below its 52-week high. Analysts project significant revenue potential for its lead assets, sutacimig and HMB-002, with combined revenue estimates of $4.6 billion by 2044. Other analysts have also raised price targets, reflecting positive sentiment.
