Recursion jumps as J.P. Morgan upgrades on lead program

recursion-jumps-as-jp.-morgan-upgrades-on-lead-program
Republican Politics and Wall Street

Douglas Rissing

Recursion Pharmaceuticals (RXRX) added ~11% in the morning trading on Wednesday after J.P. Morgan upgraded the AI-driven biotech to Overweight from Neutral, citing a blockbuster sales potential for the company’s lead asset, REC-4881.

Analyst Priyanka Grover argued that REC-4881, for which