GlycoMimetics (NASDAQ:CBIO) Coverage Initiated by Analysts at Stifel Nicolaus

Research analysts at Stifel Nicolaus started coverage on shares of GlycoMimetics (NASDAQ:CBIOGet Free Report) in a report issued on Wednesday,Briefing.com Automated Import reports. The firm set a “buy” rating and a $28.00 price target on the biopharmaceutical company’s stock. Stifel Nicolaus’ target price indicates a potential upside of 85.92% from the stock’s current price.

Other research analysts also recently issued reports about the stock. TD Cowen upgraded shares of GlycoMimetics to a “strong-buy” rating in a research report on Friday, June 20th. Lifesci Capital upgraded GlycoMimetics to a “strong-buy” rating and set a $22.00 price target on the stock in a research note on Wednesday, June 18th.

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GlycoMimetics Stock Performance

Shares of NASDAQ:CBIO opened at $15.06 on Wednesday. GlycoMimetics has a 12 month low of $11.06 and a 12 month high of $63.00.

About GlycoMimetics

(Get Free Report)

Crescent Biopharma, Inc operates as a biopharmaceutical company that develops and designs small molecule therapeutics to treat cancers. The company was founded on September 19, 2024 and is headquartered in Waltham, MA.

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