Baird downgrades Contineum Therapeutics stock on IPF trial data
Baird downgraded Contineum Therapeutics (CTNM) to Neutral, lowering its price target to $14 from $19. The stock is near its 52-week low after a trial showed mixed results. Analysts remain divided, with Stifel maintaining a Buy rating and a $28 target, while Goldman Sachs initiated coverage with an Early-Stage Biotech rating.

