BUZZ-H.C. Wainwright starts coverage of Galectin Therapeutics with 'buy'

Reuters

2025/06/17

BUZZ-H.C. Wainwright starts coverage of Galectin <a href="https://laohu8.com/S/LENZ">Therapeutics</a> with 'buy'

** H.C. Wainwright initiates coverage of drug developer Galectin Therapeutics GALT.O with 'buy' rating; sets PT at $6, which is ~233.3% upside on stock's last close

** Brokerage says Galectin is currently developing belapectin to treat chronic liver disease called metabolic dysfunction-associated steatohepatitis (MASH), which can progress to cirrhosis, liver failure and liver cancer

** H.C. Wainwright says GALT's belapectin is only therapy in development for MASH cirrhosis

** "Initial clinical trials exhibited compelling trends towards preventing and halting signs and symptoms of the disease," brokerage says

** Including session's moves, stock up ~45% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))

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Wainwright starts coverage of Galectin Therapeutics with 'buy'\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-17 23:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-H.C. Wainwright starts coverage of Galectin <a href=\"https://laohu8.com/S/LENZ\">Therapeutics</a> with 'buy'</title></head><body><p>** H.C. 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Wainwright says GALT's belapectin is only therapy in development for MASH cirrhosis</p><p>** \"Initial clinical trials exhibited compelling trends towards preventing and halting signs and symptoms of the disease,\" brokerage says</p><p>** <span>Including session's moves</span>, stock up ~45% YTD</p><p> (Reporting by Prakhar Srivastava in Bengaluru)</p><p> ((Prakhar.srivastava2@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4139","symbol_name":"生物科技","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250617:nL4N3SK17O:1","article_id":"2544996677","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544996677","pubTimestamp":1750172609,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-H.C. 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Wainwright says GALT's belapectin is only therapy in development for MASH cirrhosis** \"Initial clinical trials exhibited compelling trends towards preventing and halting signs and symptoms of the disease,\" brokerage says** Including session's moves, stock up ~45% YTD (Reporting by Prakhar Srivastava in Bengaluru) ((Prakhar.srivastava2@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}