Mizuho analyst Joseph Catanzaro initiated coverage of Apogee Therapeutics (APGE) with an Outperform rating and $105 price target The firm believes the company’s APG777 is positioned to play a “significant role” in Th2 inflammatory diseases, namely atopic dermatitis. Phase II readouts in 2026 should validate the drug’s once-quarterly maintenance dosing and “best-in-class” biologic efficacy, the analyst tells investors in a research note.
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