Analysts Offer Mixed Ratings on Summit Therapeutics (SMMT)

Reported 1 day ago

Summit Therapeutics Inc. (NASDAQ:SMMT) is generating interest in the biotech sector, yet analysts hold conflicting views. While Leerink Partners and Barclays have set Sell ratings without precise targets, Truist Financial maintains a Buy rating, and Citi has a positive outlook with a $35 target. With SMMT’s innovative focus on treatments for infectious and cancerous diseases, investors may see it as a worthwhile option despite the caution advised due to potentially higher-risk alternatives.

Source: YAHOO

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