▲ +634.75% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Catabasis Pharmaceuticals in the last 3 months. The average price target is $39.75, with a high forecast of $60.00 and a low forecast of $15.00. The average price target represents a 634.75% upside from the last price of $5.41.
The current consensus among 3 contributing investment analysts is to buy stock in Catabasis Pharmaceuticals.
Catabasis Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutics in the United States. Its lead product candidate is edasalonexent, an oral small molecule that inhibits nuclear factor kappa-light-chain-enhancer of activated B cells, which is in Phase III clinical trial for the treatment of duchenne muscular dystrophy (DMD). The company is also developing CAT-5571 for the treatment of cystic fibrosis. Catabasis Pharmaceuticals, Inc. has a preclinical research collaboration with the Jain Foundation to study edasalonexent in dysferlinopathy; and an agreement with the Bill & Melinda Gates Medical Research Institute to study CAT-5571 in drug-sensitive and drug-resistant tuberculosis. The company was founded in 2008 and is based in Boston, Massachusetts.