Turnstone Biologics downgraded by BofA Securities
$TSBX
Biotechnology: Biological Products (No Diagnostic Substances)
Health Care
BofA Securities downgraded Turnstone Biologics from Buy to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/5/2025 | $3.75 → $0.40 | Overweight → Neutral | Piper Sandler |
| 11/15/2024 | Neutral → Underperform | BofA Securities | |
| 10/14/2024 | Buy → Neutral | BofA Securities | |
| 8/16/2023 | Market Perform | SVB Securities | |
| 8/15/2023 | $20.00 | Overweight | Piper Sandler |
| 8/15/2023 | $18.00 | Buy | BofA Securities |
SAN DIEGO, May 08, 2025 (GLOBE NEWSWIRE) -- Turnstone Biologics Corp. ("Turnstone" or the "Company") (NASDAQ:TSBX), a biotechnology company historically focused on the development of a differentiated approach to treat and cure patients with solid tumors by pioneering selected tumor-infiltrating lymphocyte ("Selected TIL") therapy, today reported financial results for the first quarter ended March 31, 2025, and provided recent corporate updates. Corporate Updates In January 2025, Turnstone made the determination to discontinue all TIDAL-01 clinical studies and halted further development of the program. As a result, the Company initiated a process to explore a range of potentia
SAN DIEGO, March 28, 2025 (GLOBE NEWSWIRE) -- Turnstone Biologics Corp. ("Turnstone" or the "Company") (NASDAQ:TSBX), a biotechnology company historically focused on the development of a differentiated approach to treat and cure patients with solid tumors by pioneering selected tumor-infiltrating lymphocyte ("Selected TIL") therapy, today announced its financial results for the fourth quarter and full year ended December 31, 2024, and provided recent corporate updates. Corporate Updates In November 2024, the Company presented preclinical data on its Selected TIL therapies at the 2024 Society for Immunotherapy of Cancer ("SITC") Annual Meeting. Turnstone also presented clinical data at t
SAN DIEGO, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Turnstone Biologics Corp. ("Turnstone" or the "Company") (NASDAQ:TSBX) today announced that it has completed an assessment of its business and operations, including the status of its program, resources, and capabilities. The Company has made the determination to discontinue all clinical studies evaluating TIDAL-01 and halt further development of the program. As a result, Turnstone's management and its Board of Directors have initiated a process to explore and review strategic alternatives focused on maximizing shareholder value. "Manufacturing for our Selected TIL therapy requires continued investment in process improvements. Due to these capit