Accelerated PIVOT-006 Timeline and Expanded NMIBC Opportunity Drive CG Oncology Target Hike to $108 and Reinforce Buy Rating

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2026.01.09 21:25
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Analyst Sam Slutsky of LifeSci Capital has maintained a Buy rating on CG Oncology, Inc., raising the price target to $108 due to the accelerated PIVOT-006 Phase 3 trial for cretostimogene in treating intermediate-risk non-muscle invasive bladder cancer. The trial is progressing faster than expected, with topline data anticipated in early 2026. Slutsky's valuation now includes the intermediate-risk NMIBC opportunity, reflecting a higher risk-adjusted value. JonesTrading also reiterated a Buy rating with a $85 price target.