TD Cowen initiated coverage of Inventiva (IVA) with a Buy rating and $10 price target The firm thinks the company’s oral pan-PPAR agonist lanifibranor will reduce insulin resistance, lower hepatic inflammation, and improve fibrosis in metabolic dysfunction-associated steatohepatitis, with improved tolerability over current PPAR agonists and MASH therapies. TD is positive on the topline data guided for the second half of 2026.
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