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D. Boral Capital Reiterates "Buy" Rating for OS Therapies (NYSE:OSTX)

OS Therapies logo with Medical background

Key Points

  • D. Boral Capital has reiterated a "buy" rating for OS Therapies (NYSE:OSTX) and set a target price of $20.00 for the stock.
  • OS Therapies shares opened at $2.33, with a market capitalization of $74.31 million and a price-to-earnings ratio of -2.95.
  • Recent institutional activity includes a 172.6% increase in stake by CM Management LLC, along with new investments from XTX Topco Ltd and Bridgeway Capital Management LLC.
  • Looking to export and analyze OS Therapies data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

OS Therapies (NYSE:OSTX - Get Free Report)'s stock had its "buy" rating restated by stock analysts at D. Boral Capital in a note issued to investors on Wednesday,Benzinga reports. They currently have a $20.00 target price on the stock.

OS Therapies Stock Performance

Shares of OSTX opened at $2.33 on Wednesday. The stock's 50-day simple moving average is $1.84 and its 200 day simple moving average is $1.73. The stock has a market capitalization of $74.31 million and a price-to-earnings ratio of -2.95. OS Therapies has a 52-week low of $1.12 and a 52-week high of $7.00.

Institutional Trading of OS Therapies

Institutional investors have recently added to or reduced their stakes in the stock. CM Management LLC increased its stake in OS Therapies by 172.6% in the 1st quarter. CM Management LLC now owns 300,000 shares of the company's stock worth $462,000 after acquiring an additional 189,956 shares during the last quarter. XTX Topco Ltd bought a new position in OS Therapies in the 2nd quarter worth about $63,000. Finally, Bridgeway Capital Management LLC bought a new position in OS Therapies in the 2nd quarter worth about $47,000.

About OS Therapies

(Get Free Report)

OS Therapies Incorporated, a clinical stage biopharmaceutical company, focuses on the identification, development, and commercialization of treatments for osteosarcoma and other solid tumors in the United States. Its pipeline includes OST-HER2, an off-the-shelf immunotherapy for osteosarcoma patients; and OST-tunable drug conjugate (OST-tADC), an antibody-drug conjugate technology, with a plug-and-play platform that features tunable pH sensitive silicone linkers.

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