2018-03-05 07:28:32 GTXI GTx
03/05/18 03/0507:28 03/05/1807:28 | GTx price target nearly tripled to $45 at Stifel after data 'steal' SUFU meetingStifel analyst Adam Walsh said new data presented on GTX Inc.'s phase 2 proof-of-concept study testing enobosarm in female patients stress urinary incontinence "stole the show" at the Society of Urodynamics, Female Pelvic Medicine & Urogenital Reconstruction, or SUFU, Winter Meeting this weekend. Key Opinion Leaders, or KOLs, view the off-drug durability of effect data as "highly impressive" and new MRI data "strongly supports" mechanism of action, Walsh told investors. His "informal polling" of KOLs came up with predictions on probability of ultimate enobosarm approval in SUI ranging from a low of over 50% to a high of 80%, added Walsh, who raised his price target on GTX shares to $45 from $16 and keeps a Buy rating on the stock. | |
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