Form S-3 BIORA THERAPEUTICS, INC.

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Biora Therapeutics (BIOR) PT Lowered to $15 at H.C. Wainwright

April 9, 2024 6:37 AM EDT

H.C. Wainwright analyst Joseph Pantginis lowered the price target on Biora Therapeutics (NASDAQ: BIOR) to $15.00 (from $50.00) while maintaining a Buy rating.

The analyst comments "Initial SAD data reaffirm NaviCap's MoA and fruther de-risk upcoming clinical readouts. During 2023, Biora made significant headway advancing its two leading drug delivery devices: Biojet and NaviCap. The BioJet made considerable progress in preclinical evaluations; data readouts using BioJet is anticipated throughout 2024. Moreover, NaviCap... More