BofA raised the firm’s price target on Pharvaris (PHVS) to $30 from $27 and keeps a Neutral rating on the shares. The company reported positive topline results for the Phase 3 RAPIDe-3 study, with the study meeting its primary endpoint, the analyst tells investors in a research note. The firm thinks additional upside will likely be contingent on positive phase 3 results for decuri’ XR in prophylactic HAE.
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Read More on PHVS:
- Pharvaris price target raised to $41 from $37 at Morgan Stanley
- Pharvaris’ Deucrictibant Shows Promising Efficacy and Safety in RAPIDe-3 Study, Analyst Sets Buy Rating with Increased Price Target
- Pharvaris price target raised to $38 from $28 at Leerink
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- Promising Potential of Pharvaris’s Deucrictibant in HAE Treatment Drives Buy Rating