Category - Markets

Markets

SVB ups scPharmaceuticals on FDA approval of Furoscix

SVB Securities upgraded scPharmaceuticals (NASDAQ:SCPH) to “outperform” from “market perform” and raised its price target to $11 from $6 after FDA approval of Furoscix for treatment of congestion in chronic heart...

October 11, 2022

Markets

HCW starts Eyenovia at buy; PT $12

H.C. Wainwright launched coverage of Eyenovia (NASDAQ:EYEN) with a “buy” rating and $12 price target. The stock closed at $2.15 on Oct. 4. Eyenovia is developing ophthalmic therapeutics based on the company’s microdose...

October 5, 2022

Markets

Cantor starts Irwin Naturals at OW; PT $7

Cantor Fitzgerald initiated coverage of Irwin Naturals (OTCQB:IWINF) with and “overweight” rating and a December 2023 price target of $7. The stock closed at $1.51 on Oct. 3. Irwin Naturals, a company with a 28-year...

October 4, 2022

Markets

Clene shares down 29% after Phase 2 ALS trial fails

Shares of Clene (NASDAQ:CLNN) tumbled 29% after its lead drug candidate, CNM-Au8, an investigational gold nanocrystal suspension, missed key endpoints in a platform study in amyotrophic lateral sclerosis (ALS), a...

October 3, 2022

Markets

Maxim ups Fennec PT to $15 on PEDMARK approval

Maxim Group raised its price target for Fennec Pharmaceuticals (NASDAQ:FENC) to $15 from $10, and maintained its “buy” rating, after FDA approval of PEDMARK, its formulation of sodium thiosulfate for the prevention of...

September 29, 2022

Markets

Cantor starts Cognition at OW; PT $12

Cantor Fitzgerald launched coverage of Cognition Therapeutics (NASDAQ:CGTX) with an “overweight” rating and 12-month price target of $12. The stock closed at $1.74 on Sept. 28. Cognition is a neuro-innovator leveraging...

September 29, 2022

Markets

WB starts Akouos at OP; fair value estimate $12

William Blair launched coverage of Akouos (NASDAQ:AKUS) with an “outperform” rating and fair value estimate of $12. The stock closed at $5.10 on Sept. 28. Akouos is developing a pipeline of gene therapies delivered...

September 29, 2022

Markets

Stifel cuts PhaseBio to hold on bentracimab ownership dispute

Stifel downgraded PhaseBio Pharmaceuticals (NASDAQ:PHAS) to “hold” from “buy” and slashed its price target to $1 from $15, citing an ownership dispute over PhaseBio’s bentracimab, a potential ticagrelor reversal agent...

September 28, 2022

Markets

Cantor sees Hepion Pharma potentially emerging from under the radar

In a new research report, Cantor Fitzgerald writes that Hepion Pharmaceuticals (NASDAQ:HEPA) is a company that has largely flown under the radar despite already achieving some early proof-of-concept evidence and having...

September 21, 2022

Markets

WB ups Larimar to OP after Phase 2 clinical hold lifted

William Blair upgraded Larimar Therapeutics (NASDAQ:LRMR) to “outperform” after the FDA approved the company’s proposed Phase 2 study design for CTI-1601 in Friedreich’s ataxia (FA), enabling a return to clinical...

September 19, 2022

Category - Markets

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