2020-12-11 06:36:27 CRTX Cortexyme
12/11/20 12/1106:36 12/11/2006:36 | Cortexyme initiated with a Sell at CitiCiti analyst Neena Bitritto-Garg initiated coverage of Cortexyme with a Sell rating and $20 price target. The risks associated with the company's Alzheimer's disease program are not appropriately priced into the shares even after the recent selloff, Bitritto-Garg tells investors in a research note. The analyst acknowledges an associative link between poor oral health and Alzheimer's, but says that association has not been definitively proven as causative. Further, the existing data for atuzaginstat, Cortexyme's lead molecule, are limited, Bitritto-Garg says. |
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