Maxim raised the firm’s price target on Gain Therapeutics (GANX) to $7 from $5 and keeps a Buy rating on the shares. The firm cites the company announcement of initial data from its Phase 1b study of GT-02287 in Parkinson’s disease patients, which was presented in a poster at the International Congress of Parkinson’s Disease and Movement Disorders. Safety was positive overall, and this pharmacokinetic / safety profile checks the right boxes, the analyst tells investors in a research note.
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