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Stock impact report

Neumora Therapeutics (NMRA) Positioned to Capitalize on Blockbuster Opportunity [Yahoo! Finance]

Neumora Therapeutics, Inc. (NMRA) 
Company Research Source: Yahoo! Finance
On February 17, Myles Minter from William Blair upgraded his rating on Neumora Therapeutics Inc. (NASDAQ:NMRA) from Market Perform to Outperform. The analyst also shared a net present value figure of $7.62 per share for the stock's valuation. Minter anticipated a rising success probability of 35% for the company's NMRA-511, which is utilized in Alzheimer's disease agitation. This came after data revealed by Neumora Therapeutics Inc. (NASDAQ:NMRA) on the Phase Ib study. The analyst noted that the study revealed some meaningful cuts in the Cohen-Mansfield Agitation Inventory endpoint. He maintains his views on Alzheimer's disease agitation, which he sees as a massive opportunity within the market. Moreover, based on some conservative underlying assumptions, Minter has projected peak U.S. sales figures of around $1.8 billion for NMRA-511. Neumora Therapeutics (NMRA) Positioned to Capitalize on Blockbuster Opportunity Copyright: dolgachov / 123RF Stock Photo Neumora Therapeutic Show less Read more
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