Alpha Cognition is trading 10.8% up at $9.42 after Raymond James initiated coverage with an Outperform rating and a $20 price target, highlighting significant upside for its Alzheimer’s drug ZUNVEYL.
- Analysts labeled the stock as undervalued relative to its fair value, citing a constructive fundamental story driven by ZUNVEYL’s commercialization and strong Q1 2026 revenue.
- The company is seeing continued momentum from its ongoing RESOLVE Phase 4 study enrollment, further validating the long-term growth prospects for its lead therapeutic.