Roth Capital analyst Adam Walsh initiated coverage of BioAge Labs with a Buy rating and $36 price target. The firm believes the company's lead asset BGE-102, am NLRP3 program for retinal disease and cardiovascular risk, has blockbuster potential in both indications. BGE-102 produced "class-leading" Phase 1 high-sensitivity C-reactive protein suppression, supporting potential positive Phase 2a cardiovascular risk data, the analyst tells investors in a research note.