Form 8-K Akero Therapeutics, Inc. For: Oct 10

Go back to Form 8-K Akero Therapeutics, Inc. For: Oct 10

JPMorgan Removes Akero Therapeutics (AKRO) from Analyst Focus List and Catalyst Watch, PT $62

October 10, 2023 12:35 PM EDT

JPMorgan analyst Eric Joseph reiterated an Overweight rating and $62.00 price target on Akero Therapeutics (NASDAQ: AKRO).

The analyst comments "In our view, the totality of the SYMMETRY dataset continues to support EFX having a differentiated impact on histology across the spectrum of... More

Akero Therapeutics (AKRO) declines after efruxifermin NASH trial readout disappoints; Is it time to buy?

October 10, 2023 8:26 AM EDT

Shares Akero Therapeutics (NASDAQ: AKRO) declined after it reported analysis of data from its study of efruxifermin (EFX) in patients with compensated cirrhosis (F4) due to nonalcoholic steatohepatitis (NASH). The stock declined as much as 60% shortly after the data release.

The drug missed its primary endpoint but efficacy trends were positive in a tough population, and the selloff in shares could be an overreaction, said analysts at Cantor Fitzgerald.

Canaccord Genuity analysts said they would be strong buyers... More

Canaccord on Akero Therapeutics (AKRO): 'We would be strong buyers on this weakness'

October 10, 2023 8:21 AM EDT

Canaccord Genuity analyst Edward Nash reiterated a Buy rating and $59.00 price target on Akero Therapeutics (NASDAQ: AKRO)

The analyst comments "Akero Therapeutics reports 36-week analysis of SYMMETRY, a 96-week Phase IIb study evaluating the efficacy and safety of its lead product candidate efruxifermin... More