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Pharvaris price target lowered to $25 from $28 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm’s price target on Pharvaris (PHVS) to $25 from $28 and keeps an Overweight rating on the shares. Pharvaris reported Q1 earnings and reiterated Phase 3 study readouts for on-demand treatment RAPIDe-3 in the first quarter of 2026, with target enrollment of 120 patients reached in March, and prophylactic treatment CHAPTER-3 in the second half of 2026, the analyst tells investors in a research note.

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