Relay Therapeutics Announces Proposed Public Offering of Common Stock

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Goldman Sachs Reinstates Relay Therapeutics (RLAY) at Buy

September 9, 2024 4:47 PM EDT

Goldman Sachs analyst Salveen Richter reinstates coverage on Relay Therapeutics (NASDAQ: RLAY) with a Buy rating and a price target of $20.00.

The analyst comments "Given positive Ph2 data of selective PI3K inhibitor RLY-2608 + fulvestrant in PI3K-mutated HR+/HER2- breast cancer and planned Ph3 initiation in 2025, we reinstate RLAY with a Buy rating and $20 price... More