♔ The Trade Off
Rhythm Pharmaceuticals price target lowered to $110 from $125 at H.C. Wainwright
H.C. Wainwright lowered the firm’s price target on Rhythm Pharmaceuticals (RYTM) to $110 from $125 and keeps a Buy rating on the shares, reflecting adjustments to the firm’s long-term sales ramp expectations after Rhythm recently announced its Q4 results and announced additional positive data from its global Phase 3 TRANSCEND trial of setmelanotide in patients with acquired hypothalamic obesity.
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- Rhythm Highlights Positive Phase 3 Data in Hypothalamic Obesity
- Rhythm Pharmaceuticals price target lowered to $140 from $141 at Canaccord
- Rhythm announces additional data from Phase 3 trial of setmelanotide
- Rhythm Pharmaceuticals price target raised to $143 from $140 at Guggenheim
- Rhythm Pharmaceuticals price target lowered to $136 from $145 at Wells Fargo
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