Maze Therapeutics rises after Citi initiates with 'buy'
BUZZ-Maze Therapeutics rises after Citi initiates with 'buy' ** Shares of biotech firm Maze Therapeutics MAZE.O rise 1.5% to $28.8 premarket
** Brokerage Citi initiates coverage with "buy" and a $50 PT, a 76% premium to MAZE's last close
** Citi says MAZE's kidney drug candidate MZE829 has the "best-in-class" potential, with key trial data due in six months to become a key catalyst for the stock
** Adds co's experimental drug candidate MZE782 for phenylketonuria, a rare inherited metabolic disorder, is a promising treatment option with significant market potential
** All 12 brokerages rate MAZE "buy" or higher; median PT is $55.50 - LSEG-compiled data
** As of last close, stock down 32% YTD
(Reporting by Anand Gopal in Bengaluru)
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