Oppenheimer Initiates Coverage on Coherus Oncology with Outperform Rating, Sets $10 Price Target

Friday, Jan 23, 2026 1:26 pm ET1min read
CHRS--

Oppenheimer has initiated Coherus Oncology at outperform, citing the potential of anti-CCR8 monoclonal antibody tagmokitug for various cancers. The firm set a $10 price target, implying ~529% upside from the January 22 close. Shares have risen ~31% since the initiation.

Oppenheimer Initiates Coverage on Coherus Oncology with Outperform Rating, Sets $10 Price Target

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