First Tracks Biotherapeutics stock rises on Guggenheim buy rating
First Tracks Biotherapeutics (TRAX) shares rose 3.8% after Guggenheim initiated coverage with a Buy rating and $100 price target, citing confidence in its anti-CD122 target and lead asset ANB033 for autoimmune diseases. Guggenheim analyst Yatin Suneja highlighted the company's unique position as the only publicly traded small-to-mid cap firm developing an anti-CD122 monoclonal antibody.
