
Analyst Reiterates Buy on Corbus, Maintains $38 Price Target on CRB-701 Oncology Potential

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Analyst Oliver McCammon from LifeSci Capital has reiterated a Buy rating on Corbus Pharmaceuticals, maintaining a price target of $38. He believes Corbus's CRB-701 has significant potential in treating HPV-positive head and neck cancer, an underserved market. McCammon anticipates upcoming Phase 1/2 data to validate this outlook. He also notes Corbus's strong cash position supports ongoing development without immediate financing needs. Oppenheimer has similarly reiterated a Buy rating with a higher price target of $54. McCammon is recognized as a 5-star analyst with a strong track record in the Healthcare sector.
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