Jul. 30 at 3:14 PM
Raymond James y'day🏁
$EWTX Strong Buy-
$46 and said, "We think EWTX offers a highly attractive risk/reward skew at current prices: Upcoming Phase 2 CIRRUS-HCM Part D results in 2H25 can meaningfully de-risk EDG-7500 in oHCM."
$BMY $CYTK
Raymond James added, "We think results from Parts B/C are encouraging (solid efficacy, minimal LVEF % impact), suggesting a path forward with potential to avoid a REMS; the possible a-fib signal should be manageable. The opportunity in nHCM is more difficult to de-risk, but completely out of the stock, in our view."