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TFF Pharmaceuticals price target lowered to $9 from $12 at Roth MKM

Roth MKM lowered the firm’s price target on TFF Pharmaceuticals to $9 from $12 but keeps a Buy rating on the shares after its Q3 results. The analyst states that despite having 95% of the TFF VORI trial sites open, there was no enrollment update outside of saying that TFFP is well on its way toward having initial data from a subset of the 10 patients by the end of 2023, followed by final data in all 10 patients by the end of Q1 of next year.

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