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Relay Therapeutics reported 57% clinical benefit rate for RLY-2608. Oppenheimer downgraded RLAY from Outperform to Perform, citing competitor concerns. Analyst questions RLY-2608’s selectivity and efficacy compared to competitors. RLAY stock fell 6.94%, trading at $8.85. Critics suggest RLY-2608's efficacy may be insufficient for market success.
- Relay Therapeutics reported 57% clinical benefit rate for RLY-2608.
- Oppenheimer downgraded RLAY from Outperform to Perform, citing competitor concerns.
- Analyst questions RLY-2608’s selectivity and efficacy compared to competitors.
- RLAY stock fell 6.94%, trading at $8.85.
- Critics suggest RLY-2608's efficacy may be insufficient for market success.
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