Bank of America Securities Adjusts Price Target for Metsera (MTSR) While Maintaining Buy Rating

Reported 1 day ago

Bank of America Securities has increased its price target for Metsera, Inc. (NASDAQ:MTSR) from $45 to $50, while keeping a Buy rating after the company reported positive developments in its obesity drug pipeline. Metsera's lead drug, MET-097i, has shown promising results in Phase 2b trials, with more data expected in September. The company is also making strides with another drug, MET-233i, and oral peptide programs, indicating potential growth in the coming years.

Source: YAHOO

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