Crescent Biopharma (NASDAQ:CBIO) Upgraded to Hold at Wall Street Zen

Market Beat
2026.03.07 08:19
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Wall Street Zen upgraded Crescent Biopharma (NASDAQ:CBIO) from a "sell" to a "hold" rating. Analysts have varied opinions on the stock, with a consensus rating of "Buy" and a target price of $28.00. The company reported a quarterly EPS of ($4.01), missing estimates, and has a market cap of $167.65 million. Institutional investors hold 75.19% of the stock. Recent positive sentiment stems from HC Wainwright's raised EPS forecasts and strategic alliances, while some neutral sentiment arises from stock option grants and inconsistent short-interest data.