Will Onconova climbs up to $4?

$Onconova Therapeutics, Inc.(ONTX)$ The microcap pharmaceutical company, Onconova Therapeutics (NASDAQ:ONTX) has added ~26.1% in the pre-market after Guggenheim analyst Etzer Darout initiated its coverage with a buy rating and a Street high price target of $4.00 per share to imply ~545.2% upside to the last close.

The company’s lead product candidate ON 123300 is a multi-kinase inhibitor that targets CDK (Cyclin-dependent kinase) 4 and 6 which are believed to be overexpressed in a range of cancers, including HR+ HER 2- metastatic breast cancer.

The company has “differentiated” CDK, eyeing a multi-billion-dollar category, the analyst argues calling ON 123300 Onconova’s main value driver with a potential market opportunity of ~$8B in the global CDK4/6 market.

Darout also points to rigosertib citing its upside optionality in RAS+ solid tumors. Rigosertib is currently undergoing an investigator-initiated Phase 1/2 study program, in combination with nivolumab targeting patients with KRAS+ non-small cell lung cancer.

Do you think Onconova will climb up to $4? What's your take on this?

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BLESSED55
2021-05-19
BLESSED55
I your prediction is correct :)

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Rigosertib is currently undergoing an investigator-initiated Phase 1/2 study program, in combination with nivolumab targeting patients with KRAS+ non-small cell lung cancer.</p> <p>Do&nbsp;you&nbsp;think&nbsp;Onconova will&nbsp;climb up to $4?&nbsp;What's&nbsp;your&nbsp;take&nbsp;on&nbsp;this?&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://laohu8.com/S/ONTX\">$Onconova Therapeutics, Inc.(ONTX)$</a> The microcap pharmaceutical company, Onconova Therapeutics (NASDAQ:ONTX) has added ~26.1% in the pre-market after Guggenheim analyst Etzer Darout initiated its coverage with a buy rating and a Street high price target of $4.00 per share to imply ~545.2% upside to the last close.&nbsp;</p> <p>The company’s lead product candidate ON 123300 is a multi-kinase inhibitor that targets CDK (Cyclin-dependent kinase) 4 and 6 which are believed to be overexpressed in a range of cancers, including HR+ HER 2- metastatic breast cancer.</p> <p>The company has “differentiated” CDK, eyeing a multi-billion-dollar category, the analyst argues calling ON 123300 Onconova’s main value driver with a potential market opportunity of ~$8B in the global CDK4/6 market.</p> <p>Darout also points to rigosertib citing its upside optionality in RAS+ solid tumors. Rigosertib is currently undergoing an investigator-initiated Phase 1/2 study program, in combination with nivolumab targeting patients with KRAS+ non-small cell lung cancer.</p> <p>Do&nbsp;you&nbsp;think&nbsp;Onconova will&nbsp;climb up to $4?&nbsp;What's&nbsp;your&nbsp;take&nbsp;on&nbsp;this?&nbsp;</p></body></html>","text":"$Onconova Therapeutics, Inc.(ONTX)$ The microcap pharmaceutical company, Onconova Therapeutics (NASDAQ:ONTX) has added ~26.1% in the pre-market after Guggenheim analyst Etzer Darout initiated its coverage with a buy rating and a Street high price target of $4.00 per share to imply ~545.2% upside to the last close. The company’s lead product candidate ON 123300 is a multi-kinase inhibitor that targets CDK (Cyclin-dependent kinase) 4 and 6 which are believed to be overexpressed in a range of cancers, including HR+ HER 2- metastatic breast cancer. The company has “differentiated” CDK, eyeing a multi-billion-dollar category, the analyst argues calling ON 123300 Onconova’s main value driver with a potential market opportunity of ~$8B in the global CDK4/6 market. Darout also points to rigosertib citing its upside optionality in RAS+ solid tumors. Rigosertib is currently undergoing an investigator-initiated Phase 1/2 study program, in combination with nivolumab targeting patients with KRAS+ non-small cell lung cancer. Do you think Onconova will climb up to $4? 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