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Friday, October 23, 2020

Cassava Sciences rates Street-high target from Cantor

  • Cassava Sciences (NASDAQ:SAVA) is an after-hours jumper, up 26.3% postmarket on heavy volume after getting a vote of confidence via a Street-high price target from Cantor Fitzgerald.
  • The firm set its target to $24, implying a healthy 172% upside.
  • It's citing the promise of its first-in-class filamin A chaperone sumifilam, an approach to improve the function of multiple brain receptors to treat Alzheimer's and other neurodegenerative diseases.
  • https://seekingalpha.com/news/3625175-cassava-sciencesplus-26-rates-street-high-target-from-cantor

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