Benzinga · Aug 7, 2026
JP Morgan Maintains Overweight on Monte Rosa Therapeutics, Lowers Price Target to $27
JP Morgan analyst Brian Cheng maintains Monte Rosa Therapeutics (NASDAQ:GLUE) with a Overweight and lowers the price target from $31 to $27.
NASDAQ · GLUE
Healthcare · Biotechnology
$15.03
Down-$0.35 (-2.28%)
Updated Aug 19, 2026, 9:19 AM
SID Score
3.8/10
Composite research score
Smart Money
—
Institutional and insider signal
Price performance
1M range · 21 trading sessions · Daily adjusted prices
GLUE closed at $15.03 after 21 trading sessions, down 36.39% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Aug 18, 2026 | $15.03 | $15.38 | $14.70 | $15.03 | 1.13M |
| Aug 17, 2026 | $15.53 | $15.69 | $15.36 | $15.38 | 815.98K |
| Aug 14, 2026 | $15.72 | $15.83 | $15.3734 | $15.50 | 509.5K |
| Aug 13, 2026 | $16.08 | $16.25 | $15.79 | $15.84 | 682.35K |
| Aug 12, 2026 | $15.87 | $16.265 | $15.77 | $15.95 | 780.93K |
| Aug 11, 2026 | $15.97 | $16.075 | $15.54 | $15.76 | 704.41K |
| Aug 10, 2026 | $15.77 | $16.10 | $15.525 | $15.82 | 834.45K |
| Aug 7, 2026 | $15.817 | $16.12 | $15.65 | $15.88 | 1.03M |
| Aug 6, 2026 | $15.62 | $16.36 | $15.56 | $15.71 | 1.08M |
| Aug 5, 2026 | $16.25 | $16.855 | $15.085 | $15.61 | 1.98M |
| Aug 4, 2026 | $15.79 | $16.32 | $15.45 | $16.08 | 2.82M |
| Aug 3, 2026 | $16.64 | $17.17 | $15.21 | $15.38 | 2.32M |
| Jul 31, 2026 | $15.47 | $16.85 | $14.87 | $16.52 | 7.47M |
| Jul 30, 2026 | $22.09 | $22.69 | $21.21 | $22.68 | 1.69M |
| Jul 29, 2026 | $22.23 | $22.72 | $21.16 | $21.56 | 1.23M |
| Jul 28, 2026 | $22.56 | $22.64 | $21.11 | $22.04 | 1.33M |
| Jul 27, 2026 | $23.36 | $23.6475 | $22.535 | $22.56 | 1.1M |
| Jul 24, 2026 | $23.27 | $24.17 | $22.3701 | $22.78 | 870.56K |
| Jul 23, 2026 | $23.47 | $23.835 | $22.88 | $23.03 | 673.13K |
| Jul 22, 2026 | $23.675 | $23.83 | $23.085 | $23.79 | 734.62K |
| Jul 21, 2026 | $23.45 | $24.23 | $23.395 | $23.63 | 777.09K |
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GLUE research
Company profile and research snapshot.
Monte Rosa Therapeutics Inc is a biotechnology company that specializes in developing molecular glue degraders (MGDs), a class of small molecule drugs that leverage the body's natural protein destruction mechanisms to selectively degrade therapeutically-relevant proteins. Utilizing the QuEEN platform, the company employ artificial intelligence and proprietary experimental tools to identify target proteins for degradation by MGDs. With a diverse library of over 50,000 MGD molecules, their product candidate, MRT-2359, targets the translation termination factor protein GSPT1 for potential use in MYC-driven tumors. The company's focus lies in advancing its pipeline of MGDs, aiming to provide novel therapeutic modalities for various diseases.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 7, 2026 | Guggenheim | Buy | — |
| Aug 7, 2026 | JP Morgan | Overweight | — |
| Aug 7, 2026 | Wells Fargo | Overweight | — |
| Aug 3, 2026 | Wedbush | Outperform | — |
| Jun 30, 2026 | Guggenheim | Buy | — |
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Benzinga · Aug 7, 2026
JP Morgan analyst Brian Cheng maintains Monte Rosa Therapeutics (NASDAQ:GLUE) with a Overweight and lowers the price target from $31 to $27.
Benzinga · Aug 7, 2026
Guggenheim analyst Michael Schmidt maintains Monte Rosa Therapeutics (NASDAQ:GLUE) with a Buy and lowers the price target from $35 to $28.
Benzinga · Aug 7, 2026
Wells Fargo analyst Derek Archila maintains Monte Rosa Therapeutics (NASDAQ:GLUE) with a Overweight and lowers the price target from $29 to $27.
ChartMill · Aug 6, 2026
Monte Rosa beats Q2 revenue estimates but wider EPS loss; stock edges up 3.2% premarket. Pipeline progresses with MRT-8102 and MRT-6160 trials.
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The latest Smart Investors Daily articles mentioning GLUE.