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Craig-Hallum Reiterates Buy Rating on Skye Bioscience (SKYE)

August 26, 2024 8:15 AM EDT

Craig-Hallum analyst Albert Lowe reiterated a Buy rating and $18.00 price target on Skye Bioscience (NASDAQ: SKYE).

The analyst comments "Following the initiation of nimacimabs Phase II CBeyond obesity study, we reiterate our belief that nimacimabs novel mechanism of action as an CB1 inhibiting... More