Oppenheimer raised the firm’s price target on Fusion Pharmaceuticals to $15 from $13 and keeps an Outperform rating on the shares. Top-pick Fusion on Thursday provided a detailed portfolio and corporate update, highlighting its recent alignment with the FDA on a registrational development plan for FPI-2265 in mCRPC, the analyst tells investors in a research note. The company also updated its cash guidance as sufficient to support operations into 4Q25 based on recent ATM proceeds, the firm notes.
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