Baird analyst Joel Beatty raised the firm’s price target on Amylyx (AMLX) to $19 from $10 and keeps an Outperform rating on the shares. The firm updated its model given increased confidence in Avextide’s penetration rate in PBH.
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Read More on AMLX:
- Amylyx price target raised to $16 from $14 at BofA
- Strategic Growth and Financial Flexibility Position Amylyx Pharmaceuticals for Success: Buy Rating with $16 Price Target
- Amylyx price target raised to $25 from $17 at Guggenheim
- Amylyx Pharmaceuticals Announces $164 Million Stock Offering
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