HC Wainwright Issues Pessimistic Estimate for CNTB Earnings

Market Beat
2025.11.17 08:27
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HC Wainwright has lowered its FY2025 EPS estimates for Connect Biopharma to ($1.04) from ($0.90), maintaining a "Buy" rating with a $7.00 price target. The stock has a Moderate Buy consensus with a target price of $8.50. Connect Biopharma's shares rose 26.2% to $2.12. Institutional investors own 58.72% of the stock. The company focuses on therapies for T cell-driven inflammatory diseases.