B. Riley analyst Yuan Zhi initiated coverage of Perspective Therapeutics (CATX) with a Buy rating and $1.20 price target. The company’s Pb-212 approach is a promising targeted alpha therapy platform that is differentiated from others, such as Fusion Pharmaceutical’s (FUSN) Ac-225-based platform, because it offers a unique theragnostic pair and short half-life, the analyst tells investors in a research note. The firm believes Perspective is well positioned “to break out of the biotech pack and is worth investors’ attention.”
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