Lucid Capital analyst Dev Prasad raised the firm’s price target on InflaRx (IFRX) to $24 from $3 and keeps a Buy rating on the shares, stating that INF904 demonstrated a “differentiated, potentially best-in-class” profile in the phase 2a dataset for hidradentis suppurativa.
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Read More on IFRX:
- Buy Rating for InflaRx: Promising Phase 2a Results of INF904 Drive Optimism
- InflaRx price target raised to $22 from $10 at Guggenheim
- InflaRx reports Phase 2a data for INF904 in HS, CSU
- InflaRx Announces Positive Phase 2a Results for INF904 in HS and CSU
- InflaRx Reports Q3 2025 Financial Results Highlighting Operational Challenges
