Astria Therapeutics, Inc. (ATXS) Misses Q2 EPS by 6c

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H.C. Wainwright Reiterates Buy Rating on Astria Therapeutics (ATXS)

August 13, 2024 6:04 AM EDT

H.C. Wainwright analyst Joseph Pantginis reiterated a Buy rating and $16.00 price target on Astria Therapeutics (NASDAQ: ATXS).

The analyst comments "Clinical development of navenibart and STAR-0310 backed by positive marks and new partners. Following favorable initial proof-of-concept data from the ALPHA-STAR Phase 1b/2 clinical trial evaluating navenibart (STAR-0215) in patients with hereditary angioedema (HAE), and pending regulatory feedback, the company plans to initiate a Phase 3 study in 1Q25, with top-line data expected by YE26. Recall, ALPHA-STAR... More