UBS Initiates Coverage On Kardigan with Buy Rating, Announces Price Target of $25
UBS analyst Alice Nettleton initiates coverage on Kardigan (NASDAQ:KARD) with a Buy rating and announces Price Target of $25.
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William Blair analyst Alethia Young initiates coverage on Kardigan (NASDAQ:KARD) with a Outperform rating.
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UBS analyst Alice Nettleton initiates coverage on Kardigan (NASDAQ:KARD) with a Buy rating and announces Price Target of $25.
Filed: 2026-09-30 AccNo: 0001193125-26-408348 Size: 198 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Over 100 pharmaceutical companies are actively developing 110+ pipeline hypertension drugs, with approximately 40+ in late-stage development. Key players include Gossamer Bio, Alnylam Therapeutics, Roche, GSK, and others pursuing novel mechanisms like RNA interference and CRAC channel inhibitors. Recent developments include FDA acceptance of lorundrostat's NDA, initiation of zilebesiran's Phase III cardiovascular outcomes trial, and multiple clinical advances in emerging therapies targeting uncontrolled and resistant hypertension.