Adverum Biotechnologies Reports Second Quarter 2024 Financial Results and Provides Program and Corporate Highlights
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Oppenheimer Reiterates Outperform Rating on Adverum Biotechnologies (ADVM)
August 13, 2024 6:54 AM EDTOppenheimer analyst Francois Brisebois reiterated an Outperform rating and $28.00 price target on Adverum Biotechnologies (NASDAQ: ADVM).
The analyst comments "ADVM reported its 2Q24 with EPS coming in at ($0.89), beating both our estimated ($1.25) and Street's ($1.47)E. As ADVM continues to focus on the... More
H.C. Wainwright Reiterates Buy Rating on Adverum Biotechnologies (ADVM)
August 13, 2024 6:11 AM EDTH.C. Wainwright analyst Matt Caufield reiterated a Buy rating and $30.00 price target on Adverum Biotechnologies (NASDAQ: ADVM)
The analyst comments "Anticipating 9-month support for injection benefit and safety. We believe the most important near-term catalyst, for wet AMD single-injection intravitreal (IVT) gene therapy candidate Ixo-vec, is the anticipated 4Q24 landmark 9-month analysis from the ongoing Phase 2 LUNA trial of Ixo-vec in wet AMD. While appreciating the full 52-week... More
