Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Kodiak Sciences Upcoming Data Could Support Upside, UBS Says

Kodiak Sciences Upcoming Data Could Support Upside, UBS Says

MT newswireMT newswire2026/09/24 16:45
12:45 PM EDT, 09/24/2026 (MT Newswires) -- Kodiak Sciences (KOD) upcoming phase III wet AMD data could provide upside following the stock's recent pullback, amid expectations that tarcocimab and KSI-501 will achieve non-inferiority, UBS said in a note. UBS expects tarcocimab to meet non-inferiority to Eylea 2mg in the DAYBREAK trial, with dosing intervals potentially reaching 3 to 3.5 months. The company is expected to report topline data by the end of September, with a presentation at the American Academy of Ophthalmology (AAO) on Oct. 9, UBS said. UBS also expects KSI-501 to meet non-inferiority, while any numerically superior trends would provide additional upside. The bank also expects December data as another potential catalyst. UBS maintained a buy rating with an $80 price target. Price: 30.78, Change: -0.74, Percent Change: -2.35
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Under continuous pressure from inflation and interest rate hike concerns, US Treasury sell-off intensifies; 30-year yield once surpassed 5.6%, hitting a more than 24-year high

U.S. long-term Treasury yields continued to rise on Tuesday, extending the recent sharp upward trend.

智通财经•2026/09/29 22:31

The US releases the final batch of strategic oil reserves, up to 40 million barrels, urging Europe to follow suit.

This is the final batch of the 172 million barrels of reserves released by the United States in this round; after this release, the U.S. Strategic Petroleum Reserve will drop to its lowest level since 1982, approaching legal and operational red lines. Meanwhile, the U.S. Secretary of Energy criticized some European countries for releasing far less than expected, urging them to fulfill their commitments. Currently, gasoline and diesel prices in the U.S. remain high, and less than two months remain until the midterm elections. On Tuesday, WTI crude oil futures fell by 3.95%.

华尔街见闻•2026/09/29 22:26