TD Cowen analyst Yaron Werber maintains $Alector (ALEC.US)$ with a buy rating.
According to TipRanks data, the analyst has a success rate of 55.2% and a total average return of 12.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Alector (ALEC.US)$'s main analysts recently are as follows:
Following the Phase 2 INVOKE-2 study, where AL002 did not show effectiveness in slowing Alzheimer's progression or impacting disease biomarkers, analysts have moderated their outlook. Potential remains noted for latozinemab, though the focus may shift towards other opportunities within their coverage, pending late-stage data in frontotemporal dementia expected around late 2025 to early 2026.
The TREM2 activation showed minimal impact in treating Alzheimer's disease, which poses challenges for the approach of using genome-wide association studies-driven medicine. Additionally, there may be a need to reassess the mechanism of ARIA-E.
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