B. Riley Securities Maintains Buy Rating for Altimmune: Here's What You Need To Know

 

B. Riley Securities has decided to maintain its Buy rating of Altimmune ALT and raise its price target from $21.00 to $26.00.

Shares of Altimmune are trading up 23.53% over the last 24 hours, at $17.01 per share.

A move to $26.00 would account for a 52.85% increase from the current share price.

About Altimmune

Altimmune Inc is a clinical-stage biopharmaceutical company focused on the development of novel peptide-based therapeutics for the treatment of obesity and liver diseases. The company's lead product candidate, pemvidutide, is a GLP-1/glucagon dual receptor agonist that is being developed for the treatment of obesity and NASH (non-alcoholic steatohepatitis). In addition, Altimmune is developing HepTcell, an immunotherapeutic designed to achieve a functional cure for chronic hepatitis B virus (HBV).

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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