Guggenheim Raises Savara (SVRA) Price Target Due to Pulmonary Alveolar Proteinosis Potential

Reported 1 day ago

Guggenheim has increased its price target for Savara Inc. (NASDAQ:SVRA) to $11 from $8, maintaining a Buy rating after a 16% stock rally this year. The upgrade is attributed to positive developments including alignment with the FDA on a Biologics License Application and the switch to Fujifilm Diosynth as the primary drug manufacturer, which may enhance production capabilities for treating autoimmune pulmonary alveolar proteinosis.

Source: YAHOO

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