Oppenheimer raised the firm’s price target on Palvella Therapeutics (PVLA) to $200 from $120 and keeps an Outperform rating on the shares after the company reported the Phase 2 TOIVA readout for Qtorin rapamycin in cutaneous venous malformations. The firm says 10 of 15 patients presented as “much improved” or “very much improved” over just 12 weeks.
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Read More on PVLA:
- Palvella Therapeutics price target raised to $212 from $122 at Lucid Capital
- Palvella Therapeutics Reports Positive Phase 2 Study Results
- Palvella Therapeutics announces topline results from Phase 2 TOIVA trial
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