Wells Fargo Maintains Overweight on Tectonic Therapeutic, Lowers Price Target to $93
Wells Fargo analyst Tiago Fauth maintains Tectonic Therapeutic (NASDAQ:TECX) with a Overweight and lowers the price target from $101 to $93.
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8-K filing — Tectonic Therapeutic, Inc. (TECX)
Filed: 2026-06-10 AccNo: 0001193125-26-266040 Size: 173 KB Item 5.07: Submission of Matters to a Vote of Security Holders Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
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Tectonic Therapeutic Q2 EPS $(1.18) Beats $(1.37) Estimate
Tectonic Therapeutic (NASDAQ:TECX) reported quarterly losses of $(1.18) per share which beat the analyst consensus estimate of $(1.37) by 13.87 percent. This is a 10.28 percent decrease over losses of $(1.07) per share
Tectonic Therapeutic Completes Enrollment For The APEX Trial, A 24-Week Phase 2 Clinical Trial Evaluating The Safety And Efficacy Of TX45 In Patients With Pulmonary Hypertension Associated With Heart Failure With Preserved Ejection Fraction; APEX Phase 2 Trial Enrolled 191 Patients Across 14 Countries, With ~72% Of Patients In The Enriched Population Of CpcPH With A Pulmonary Vascular Resistance >3 WU At Baseline