MoonLake upgraded at Goldman Sachs on promise of hidradenitis suppurativa asset


Detail of Wall Street Sign

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  • Goldman Sachs upgraded MoonLake Immunotherapeutics (NASDAQ:MLTX) to buy from neutral citing likely positive phase 3 results mid-year from hidradenitis suppurativa candidate sonelokimab.
  • The investment bank has a price target of $82 (~88% upside based on Jan. 16 close).
  • Analyst Richard


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