AbSci Price Target Raised to $11 as Analyst Reiterates Buy on Promising PRLR Pipeline and ABS-201 Data

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2026.05.12 21:05
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Analyst Debanjana Chatterjee from JonesTrading has reiterated a Buy rating on AbSci, raising the price target to $11.00 due to promising early data for ABS-201 and a favorable outlook for the AGA program. The company's strategy to expand its prolactin receptor franchise and maintain capital discipline supports long-term shareholder value. H.C. Wainwright also maintains a Buy rating with a $8.00 price target.