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CG Oncology initiated with a Buy at Guggenheim

Guggenheim analyst Brad Canino initiated coverage of CG Oncology (CGON) with a Buy rating and $90 price target The firm sees CG “rising to the top of quality oncology ideas” The non-muscle invasive bladder cancer market has lots of patients and pricing power, the analyst tells investors in a research note. Guggenheim highlights the “best-in-class” efficacy and safety durability of CG’s cretostimogene, which will enter FDA review in 2026.

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