H.C. Wainwright lowered the firm’s price target on Alumis (ALMS) to $14 from $15 and keeps a Buy rating on the shares. The firm cites incremental dilution from the Acelyrin deal for the target cut.
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Read More on ALMS:
- Alumis and Acelyrin sign ammended merger agreement
- new option listings on April 9th
- Alumis Inc. Reports 2024 Results and Strategic Merger
- Strategic Partnerships and Financial Projections Bolster Buy Rating for Alumis Inc.
- Alumis, Kaken Pharmaceutical enter ESK-001 collaboration and licensing agreement
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