H.C. Wainwright initiated coverage of Pharvaris (PHVS) with a Buy rating and $60 price target The company’s lead asset deucrictibant is the only oral bradykinin B2 receptor antagonist in development across both on-demand and prophylaxis settings, the analyst tells investors in a research note. The firm says deucrictibant is positioned to set a new standard in hereditary angioedema on-demand and prophylaxis.
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Read More on PHVS:
- Pharvaris upgraded to Neutral from Underperform at BofA
- BofA upgrades Pharvaris to Neutral on potential label expansion
- Pharvaris Secures Registration Rights Agreement with General Atlantic
- Pharvaris Advances Clinical Pipeline with Strong Financials
- Pharvaris’ Strategic Advancements and Financial Strength Bolster Buy Rating