Canaccord Genuity Maintains Buy Rating for Aptose Biosciences: Here's What You Need To Know

Canaccord Genuity has decided to maintain its Buy rating of Aptose Biosciences APTO and lower its price target from $13.00 to $8.00.

Shares of Aptose Biosciences are trading down 2.16% over the last 24 hours, at $0.63 per share.

A move to $8.00 would account for a 1169.44% increase from the current share price.

About Aptose Biosciences

Aptose Biosciences Inc is a clinical-stage biotechnology company committed to discovering and developing personalized therapies addressing unmet medical needs in oncology. The company has two clinical-stage programs and a second program that is discovery-stage and partnered with another company. Luxeptinib, its panFMS-like tyrosine kinase 3 / pan-Bruton's tyrosine kinase inhibitor, is enrolling patients in a Phase 1, multicenter, open label, dose-escalation study with expansions to assess the safety, tolerability, PK, and preliminary efficacy of CG-806 in patients with chronic lymphocytic leukemia (CLL/SLL) or non-Hodgkin lymphomas (NHL). HM43239 is an oral potent myeloid kinome inhibitor, targeting a constellation of kinases operative in myeloid malignancies.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.