H.C. Wainwright set a price target of $11 for CervoMed (CRVO) shares while keeping a Neutral rating on the name. The regulatory outlook for neflamapimod should be clarified in the near-term, the analyst tells investors in a research note. The firm says CervoMed is actively preparing for discussions with the FDA, which management expects to take place during Q4.
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- CervoMed price target raised to $31 from $15 at D. Boral Capital
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