UBS analyst David Lai lowered the firm’s price target on Perspective Therapeutics (CATX) to $7 from $18 and keeps a Buy rating on the shares. The Q3 press release highlighted upcoming data updates in 1H26 for lead program VMT-alpha-NET, with the firm saying we should expect an additional 23 patients as early as Q1 as well as durability from existing patients. The firm added that it believes increased competition may impact commercial adoption of VMT-alpha-NET.
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