H.C. Wainwright analyst Matthew Caufield initiated coverage of Immunic (IMUX) with a Buy rating and $10 price target The firm likes the company’s “comprehensive” neuroprotective and anti-inflammatory approach to both relapsing and progressive multiple sclerosis. The positive Phase 3 ENSURE interim analysis “is de-risking in relapsing MS,” the analyst tells investors in a research note.
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Read More on IMUX:
- Immunic announces publication of IMU-856 data
- Immunic Reports Q3 Earnings and Provides Corporate Update
- Immunic, Inc. Advances MS Trials Amid Financial Update
- Immunic reports Q3 EPS (24c), consensus (22c)
- Is IMUX a Buy, Before Earnings?
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.