H.C. Wainwright raised the firm’s price target on Kala Pharmaceuticals (KALA) to $35 from $12 and keeps a Buy rating on the shares ahead of the CHASE trial readout, which is expected in late September. The firm increased the probability of approval for KPI-012 to 35%.
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Read More on KALA:
- Kala Pharmaceuticals price target raised to $33 from $15 at Oppenheimer
- Kala Pharmaceuticals initiated with an Outperform at Mizuho
- Kala Pharmaceuticals management to meet with Piper Sandler
- Kala Pharmaceuticals initiated with an Outperform at LifeSci Capital
- Kala Pharmaceuticals Appoints Todd Bazemore as CEO
