Price Target AdjustmentThe 12-month price target has been lowered from $21 to $19, reflecting high clinical trial risks despite large market opportunities.
Regulatory ChallengesCNSide has only been launched in Texas, which may slow down revenue growth as the company navigates licensing and regulatory requirements in other states.
Valuation RisksPotential risks to the valuation of PSTV include clinical, commercial, partnership, financial, and intellectual property challenges.