Benchmark lowered the firm’s price target on Clene to $5 from $7 and keeps a Buy rating on the shares after updating the firm’s target to reflect the plans to pursue accelerated approval for ALS and the postponement of the PD program as well as the recently completed secondary stock offering.
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Read More on CLNN:
- Insiders Pour Millions Into These 2 ‘Strong Buy’ Stocks — Here’s Why You Might Want to Steer Toward Them Too
- Clene announces publication of Phase 2 CNM-Au8 clinical data
- Clene price target lowered to $5.00 from $6.00 at Canaccord
- Clene Welcomes New Shareholder Base and Announces Closing of Underwritten Public Offering of $40 Million
- Clene price target lowered to $7 from $15 at H.C. Wainwright
