Leerink Partners Initiates Coverage on Climb Bio (NASDAQ:CLYM)

Investment analysts at Leerink Partners began coverage on shares of Climb Bio (NASDAQ:CLYM) in a report released on Monday, MarketBeat reports. The brokerage set an “outperform” rating and a $10.00 price target on the stock. Leerink Partners’ target price would suggest a potential upside of 217.46% from the company’s current price.

Climb Bio Stock Down 3.4 %

CLYM opened at $3.15 on Monday. Climb Bio has a 52-week low of $2.35 and a 52-week high of $11.55.

About Climb Bio

Climb Bio Inc is a clinical-stage biotechnology company developing therapeutics for patients with immune-mediated diseases. The Company’s lead product candidate, budoprutug, is an anti-CD19 monoclonal antibody which has demonstrated B-cell depletion and has potential to treat a broad range of B-cell mediated diseases.