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Stock impact report

RBC Sees Upside Potential in Neumora Therapeutics (NMRA) [Yahoo! Finance]

Neumora Therapeutics, Inc. (NMRA) 
Company Research Source: Yahoo! Finance
Neumora Therapeutics, Inc. (NASDAQ:NMRA) from Sector Perform to Outperform and increased its price target from $4 to $7. This increase in price target reflects the firm's view that Neumora Therapeutics, Inc. (NASDAQ:NMRA) is expanding its focus beyond neurology. According to RBC Capital, this shift is not fully reflected in the company's current valuation. RBC Capital highlighted the company's early-stage asset in the NLRP3 class as a key strength. The firm noted that this asset is positioned competitively and has shown promise across multiple large-market indications. These include areas such as obesity and cardiometabolic disease, which could significantly increase Neumora Therapeutics, Inc.'s (NASDAQ:NMRA) long-term opportunity. Additionally, the firm believes that the data that is expected in 2026 could help better define the potential and may have a meaningful positive impact on Neumora Therapeutics, Inc.'s (NASDAQ:NMRA) valuation. At the same time, RBC Capital is staying Show less Read more
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