Guggenheim upgraded Neumora Therapeutics (NMRA) to Buy from Neutral with a $14 price target following the “compelling” preclinical obesity data reported by the company. The firm views the company’s NLRP3i program in obesity and related disorders as “a clear driver to value creation,” the analyst tells investors.
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Read More on NMRA:
- Promising Preclinical Data and Strategic Focus Support Buy Rating for Neumora Therapeutics
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- Neumora Therapeutics initiates Phase 1 clinical study of NMRA-988
- Neumora Reports Positive Preclinical Results for NMRA-215
- Neumora Therapeutics’ NMRA-215 shows weight loss efficacy
