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Oric Pharmaceuticals upgraded to Buy from Neutral at H.C. Wainwright
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Oric Pharmaceuticals upgraded to Buy from Neutral at H.C. Wainwright

H.C. Wainwright upgraded Oric Pharmaceuticals to Buy from Neutral with a $16 price target. The analyst sees "significant potential" for ORIC-114, a CNS-penetrant EGFR/HER2 exon 20 inhibitor. The firm upgraded the shares after including ORIC-114 in its valuation assessment. It sees several data catalysts later this year for Oric.

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