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Perspective Therapeutics price target raised to $16 from $15 at RBC Capital

RBC Capital raised the firm’s price target on Perspective Therapeutics (CATX) to $16 from $15 and keeps an Outperform rating on the shares. The company’s recent NET program data update at ASCO shows a competitive ORR – overall response rate – profile while maintaining best in class safety vs. comps even in the context of a small sample size, and the firm believes that profile can be maintained at the second-half update, enabling shares to inflect, the analyst tells investors in a research note.

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