As previously reported, Canaccord initiated coverage of Compass Therapeutics with a Buy rating and $10 price target, telling investors that the firm expects positive data during Q1 0f 2026 for the company's lead asset tovecimig in second-line biliary tract carcinoma. Compass also has two additional assets in the clinic, both of which have shown activity in solid tumors, potentially diversifying revenues long term, the analyst added.