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Alto Neuroscience price target raised to $25 from $15 at Jefferies

Jefferies analyst Andrew Tsai raised the firm’s price target on Alto Neuroscience (ANRO) to $25 from $15 and keeps a Buy rating on the shares. Investor confidence in Alto’s precision psychiatry approach could rise in 2026 as ALTO-101 has Phase II data in Q1 2026 for CIAS, ALTO-300 has full Phase IIb data in mid-2026 in MDD depression, ALTO-100 has Phase IIa data in BPD depression in the second half of 2026, and as investors seem most keen on ALTO-207, whose Phase IIb timelines were recently accelerated.

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