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Roth MKM doubles CervoMed's price target to $15.00, highlighting potential in neurologic disorder treatments.
Roth MKM raised its price target for biotech company CervoMed (NASDAQ: CRVO) to $15.00, up from $7.00, with a "buy" rating.
MarketBeat.com reports an average "Moderate Buy" rating and consensus target of $33.14.
CervoMed focuses on treating age-related neurologic disorders, with its lead drug, neflamapimod, targeting conditions like dementia with Lewy bodies and Alzheimer's.
On Tuesday, the stock traded down to $2.03, with 177,420 shares traded.
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Roth MKM duplica el objetivo de precio de CervoMed a $15.00, destacando el potencial en los tratamientos de trastornos neurológicos.