Adverum Biotechnologies (ADVM) Highlights New Interim Data from Cohorts 1 and 2 of OPTIC Phase 1 Trial of ADVM-022 Intravitreal Gene Therapy for Wet AMD

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Adverum Biotechnologies (ADVM) Prices 9.5M Share Common Offering at $13.75/Sh

February 12, 2020 5:50 AM EST

Adverum Biotechnologies, Inc. (NASDAQ: ADVM) today announced the pricing of its underwritten public offering of 9,500,000 shares of its common stock at a public offering price of $13.75 per share. The company has granted the underwriters a 30-day option to purchase up to an additional... More

UPDATE: Cantor Fitzgerald Upgrades Adverum Biotechnologies (ADVM) to Overweight

February 9, 2020 4:46 PM EST

(Updated - February 10, 2020 6:34 AM EST)

(updated to add analyst comments)

Cantor Fitzgerald analyst Alethia Young upgraded Adverum Biotechnologies (NASDAQ: ADVM) to Overweight with a price target of $21 (from $8).

The analyst commented, "We attended Angiogenesis this weekend where Adverum... More