Piper Sandler Maintains Buy Rating on Gossamer Bio as Seralutinib Gains Traction

Reported 1 day ago

Piper Sandler has reiterated a Buy rating for Gossamer Bio Inc. (NASDAQ:GOSS), driven by the promising performance of its lead drug, Seralutinib, which targets pulmonary arterial hypertension. The stock has surged from around $1 to $2.50 this year, yielding nearly 180% returns. Analysts, including Yasmeen Rahimi and Patrick Trucchio, express confidence in Seralutinib's potential, citing positive Phase 2 trial results and upcoming pivotal trials as key catalysts for the company's future.

Source: YAHOO

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