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Astria Therapeutics Soars 10.51% on Phase 3 Trial Progress
Generated by AI AgentAinvest Movers Radar
Wednesday, May 14, 2025 7:45 am ET1min read
On May 14, 2025,
saw a significant pre-market rise of 10.51%, reflecting strong investor sentiment and potential developments within the company.Astria Therapeutics, a late-stage clinical company, is focused on delivering navenibart, a therapy with a trusted mechanism and modality, and a best-in-class profile. The company is making significant progress with its Phase 3 ALPHA-ORBIT trial, which has contributed to the positive sentiment surrounding the stock.
JMP Securities analysts recently lowered the price target on Astria Therapeutics stock to $25 from the previous $26, while maintaining a Market Perform rating. This adjustment comes as the company continues to develop autoinjector and pre-filled syringe drug device combinations to ease the administration of navenibart, showcasing their commitment to innovation and patient convenience.
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