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BTCC / BTCC Square / Global Cryptocurrency /
Relay Therapeutics Stock Surges 15% on Bullish Analyst Note

Relay Therapeutics Stock Surges 15% on Bullish Analyst Note

Author:
Global Cryptocurrency
Published:
2025-09-06 05:27:02
7
1
BTCCSquare news:

Relay Therapeutics (RLAY) saw its shares jump nearly 15% this week, fueled by Guggenheim Securities' initiation of coverage with a buy rating and a $15 price target. Analyst Brad Canino highlighted the biotech's promising late-stage breast cancer drug RLY-2608, citing its clean safety profile and potential in treating vascular malformations.

The company's stock is currently trading below its cash position, attracting bargain hunters. Relay's second-quarter improvements and strong clinical trial progress further bolster Optimism about its future prospects.

|Square

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