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JPMorgan Chase & Co. Raises Edgewise Therapeutics (NASDAQ:EWTX) Price Target to $45.00
JPMorgan Chase & Co. has increased its price target for Edgewise Therapeutics (NASDAQ:EWTX) from $34.00 to $45.00, maintaining an “overweight” rating and suggesting a 45.65% upside. The company currently holds a “Moderate Buy” consensus rating from analysts with an average target price of $37.36, despite a recent EPS miss and a director selling a significant portion of shares. Edgewise Therapeutics, a clinical-stage biopharmaceutical company, focuses on precision medicines for rare diseases, particularly kidney disorders and neuromuscular diseases, with its lead candidate EWTX-101.