BioAge Labs stock rating upgraded by Morgan Stanley on promising BGE-102 data
Morgan Stanley upgraded BioAge Labs Inc (NASDAQ:BIOA) to Equalweight from Underweight and increased its price target to $12.00 after promising initial clinical data for its BGE-102 drug candidate. The drug showed robust biomarker reductions suggesting potential for cardiovascular risk reduction. BioAge Labs also announced positive interim results from its Phase 1 clinical trial of BGE-102, an oral NLRP3 inhibitor, demonstrating it was well-tolerated across various dose levels with mild to moderate adverse events.
https://www.investing.com/news/analyst-ratings/bioage-labs-stock-rating-upgraded-by-morgan-stanley-on-promising-bge102-data-93CH-4394102