Goldman Sachs Downgrades Amylyx Pharmaceuticals inc. (AMLX) to Neutral

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Evercore ISI Downgrades Amylyx Pharmaceuticals inc. (AMLX) to In Line

March 8, 2024 9:27 AM EST

Evercore ISI analyst Umer Raffat downgraded Amylyx Pharmaceuticals inc. (NASDAQ: AMLX) from Outperform to In Line.

The analyst comments "Amylyx failed in their Ph 3 ALS trial today. We thought they had a real shot heading into this study ... not just based on prior... More

Amylyx (AMLX) Falls 70% After Phase 3 PHOENIX Trial of AMX0035 in ALS Did Not Meet Prespecified Primary or Secondary Endpoints

March 8, 2024 7:13 AM EST

Amylyx (NASDAQ: AMLX) Falls 70% After Phase 3 PHOENIX Trial of AMX0035 in ALS Did Not Meet Prespecified Primary or Secondary Endpoints

HOENIX Study Did Not Meet Prespecified Primary or Secondary EndpointsData From 664-Participant Study Reinforce That AMX0035 is Generally Safe and... More

Amylyx Pharmaceuticals (AMLX) Announces Topline Results From Global Phase 3 PHOENIX Trial of AMX0035 in ALS

March 8, 2024 7:00 AM EST

Amylyx Pharmaceuticals, Inc. (NASDAQ: AMLX) (Amylyx or the Company) today announced topline results from PHOENIX, a global, 48-week, randomized, placebo-controlled Phase 3 clinical trial of AMX0035 (sodium phenylbutyrate and taurursodiol [also known as ursodoxicoltaurine]; RELYVRIO® in the U.S., ALBRIOZA in Canada) in people living with amyotrophic lateral sclerosis (ALS). PHOENIX did not meet its... More

Amylyx Pharmaceuticals inc. (AMLX) PT Raised to $32 at Mizuho

March 8, 2024 6:34 AM EST

Mizuho analyst Graig Suvannavejh raised the price target on Amylyx Pharmaceuticals inc. (NASDAQ: AMLX) to $32.00 (from $27.00) while maintaining a Buy rating.... More