Goldman Sachs Group began coverage on shares of SpringWorks Therapeutics (NASDAQ:SWTX) in a report issued on Tuesday morning, BenzingaRatingsTable reports. The brokerage issued a buy rating and a $37.00 target price on the stock.
A number of other equities analysts have also weighed in on the company. Wedbush started coverage on SpringWorks Therapeutics in a research report on Tuesday. They set an outperform rating and a $33.00 target price on the stock. Cowen started coverage on SpringWorks Therapeutics in a research report on Tuesday. They set an outperform rating on the stock. Finally, JPMorgan Chase & Co. started coverage on SpringWorks Therapeutics in a research report on Tuesday. They set an overweight rating and a $32.00 target price on the stock.
Shares of SWTX opened at $18.96 on Tuesday. SpringWorks Therapeutics has a 52-week low of $17.66 and a 52-week high of $28.62.
About SpringWorks Therapeutics
SpringWorks Therapeutics, Inc, a clinical-stage biopharmaceutical company, acquires, develops, and commercializes medicines for underserved patient populations suffering from rare diseases and cancer. Its advanced product candidate is nirogacestat, an oral small molecule gamma secretase inhibitor that is in Phase 3 clinical trials for the treatment of desmoid tumors.
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