Needham Maintains Buy Rating for Liquidia: Here's What You Need To Know

Needham has decided to maintain its Buy rating of Liquidia LQDA and raise its price target from $16.00 to $18.00.

Shares of Liquidia are trading down 1.84% over the last 24 hours, at $7.20 per share.

A move to $18.00 would account for a 150.17% increase from the current share price.

About Liquidia

Liquidia Corp is a United States-based biopharmaceutical company focused on the development, manufacturing, and commercialization of products that address unmet patient needs, with the current focus directed towards the treatment of pulmonary hypertension (PH). It conducts research, development, and manufacturing of novel products by applying its proprietary PRINT technology, a particle engineering platform, to enable the precise production of uniform drug particles designed to improve the safety, efficacy, and performance of a wide range of therapies. Its product includes YUTREPIA (treprostinil) inhalation powder, for the treatment of pulmonary arterial hypertension.

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