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0 -0.00350813743218808 -0.00180831826401443 -0.00361663652802886 0.00282097649186258 -0.0162748643761302 0.0244122965641953 0
Stock impact report

Larimar Therapeutics price target raised to $12 from $11 at Wedbush [Yahoo! Finance]

Larimar Therapeutics, Inc. (LRMR) 
Company Research Source: Yahoo! Finance
The firm notes that last week, the company completed an upsized $100M offering following receipt of Breakthrough Therapy designation for nomlabofusp in Friedreich's ataxia. After incorporating the raise, Wedbush is also increasing its Q4 spending to tie with year-end 2025 cash $137M. While the firm acknowledges recent FDA decisions have been a source of concern for investors, Wedbush is encouraged Larimar continues to hold an active dialog with the agency. Claim 70% Off TipRanks Premium Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now See Insiders' Hot Stocks on TipRanks Read More on LRMR: Disclaimer & Disclosure Report an Issue Larimar Therapeutics Announces Upsized Public Equity Offering Larimar Therapeutics 20M share S Show less Read more
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