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Beyond Air resumed with a Buy at Roth MKM

Roth MKM analyst Jason Wittes resumed coverage of Beyond Air with a Buy rating and $2 price target. The analyst believes the company’s LungFit PH has significant advantages over current canister or cartridge-based nitrous oxide systems, positioning it to be “best in class.” Execution risks including the need for additional financing are already priced into the shares, creating upside from current levels, the analyst tells investors in a research note.

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