Cantor Fitzgerald tells investors in a research note that shares of EyePoint were weak after the company announced the appointment of Ramiro Ribeiro as chief medical officer, succeeding Dario Paggiarino, who has served as CMO since 2016. The firm views the hire as an incremental positive and would buy shares on the weakness, especially with the company’s next data readout around the corner in 2Q24. The firm made no change to its Overweight rating or $28 price target.
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