EarningsAnalyst lowers price target to $23 and decreases FY24 EPS estimate.
Financial PerformanceInhibikase reported YE23 results with a net loss of ($19.0M) and ended the period with $13.3M in cash on the balance sheet, and $4.8M ATM remaining.
RisksRisks include commercial, regulatory, clinical, manufacturing, financial, liability, and intellectual property challenges.