Balanced View on Rocket: Hold Rating Reaffirmed as Danon Trial Resumes Under Revised Protocol and Pipeline Progress Offsets Ongoing Safety and Execution Risks

Tip Ranks
2026.05.11 01:45
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TD Cowen analyst Tara Bancroft has reaffirmed a Hold rating on RCKT stock, citing a balance of clinical progress and ongoing safety risks. The resumption of the Danon trial under revised protocols indicates potential but raises regulatory concerns. Positive developments in the pipeline, including RMAT designation for RP‑A601, enhance Rocket's cash position. However, with key programs in early stages and timelines extending to 2026, Bancroft sees the risk-reward as balanced, justifying the neutral stance.