Biofrontera Inc. (BFRI) Misses Q2 EPS by 5c

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Biofrontera (BFRI) PT Lowered to $16 at Roth/MKM

August 15, 2024 1:44 PM EDT

Roth/MKM analyst Jonathan Aschoff lowered the price target on Biofrontera (NASDAQ: BFRI) to $16.00 (from $25.00) while maintaining a Buy rating.

The analyst comments "BFRI ended 2Q24 with cash of $4.4M, enough to fund operations into early 2025. 2Q24 sales were $7.8M and we still... More