tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Acumen price target lowered to $9 from $10 at BofA

BofA lowered the firm’s price target on Acumen (ABOS) to $9 from $10 and keeps a Buy rating on the shares, citing the updated cash position following a Q2 report the firm calls “(understandably) quiet.” The “key update” was the phase 2 ALTITUDE-AD of sabirnetug in early AD remains on track to read-out late 2026, the analyst added.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1