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Fly News Breaks for June 3, 2019
CRTX
Jun 3, 2019 | 07:49 EDT
Canaccord analyst Sumant Kulkarni initiated Cortexyme with a Buy rating citing its development of a new disease-modifying approach it believes could target a key underlying cause of Alzheimer's disease. Specifically, the company believes a bacterium that causes gum disease; P. gingivalis and its secretions called gingipains are present in Alzheimer's brains. Kulkarni has a $42 price target on Cortexyme shares.
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