Citi raised the firm’s price target on Amylyx (AMLX) to $20 from $12 and keeps a Buy rating on the shares as part of a Q3 preview for the biotechnology group. The firm believes investor interest in the smaller cap biotech names is building, which could set the group up well for 2026.
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Read More on AMLX:
- Amylyx price target raised to $19 from $10 at Baird
- 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
