Jefferies Downgrades Moonlake Immunotherapeutics (MLTX) to Hold, 'Growing Uncertainty in SLK Path Fwd and Dimmed Commercial Outlook'

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Moonlake Immunotherapeutics (MLTX) PT Lowered to $12 at Clear Street

September 29, 2025 4:38 PM EDT

Clear Street analyst Kaveri Pohlman lowered the price target on Moonlake Immunotherapeutics (NASDAQ: MLTX) to $12.00 (from $108.00) while maintaining a Buy rating.

The analyst comments "We believe COSENTYXs approvaleven without statistically significant results in one of its P3 trials (Sunshine)serves as an encouraging... More