H.C. Wainwright analyst Joseph Pantginis reiterated a Buy rating on aTyr Pharma today and set a price target of $35.00.
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Joseph Pantginis has given his Buy rating due to a combination of factors including aTyr Pharma’s strong financial position and the promising potential of their lead therapeutic candidate, efzofitimod. The company recently reported solid financial results for the second quarter of 2025, ending with $83.2 million in cash and an additional $30.7 million raised through at-the-market financing. This financial strength supports aTyr’s ongoing efforts to advance efzofitimod, which is nearing a critical milestone with the expected topline Phase 3 EFZO-FIT data readout in the third quarter of 2025.
The completion of patient treatment in the pivotal Phase 3 EFZO-FIT study marks a significant achievement for aTyr. This study, which is the first global Phase 3 trial for pulmonary sarcoidosis, enrolled 268 patients and aims to address a substantial unmet need in the treatment of this condition. Efzofitimod has the potential to revolutionize the management of pulmonary sarcoidosis by offering a safer and more effective alternative to existing treatments, which are often limited by toxicity and adverse side effects. Pantginis’s confidence in the upcoming data readout and the potential paradigm shift in treatment options underpins his Buy rating for aTyr Pharma.