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Bullboard - Stock Discussion Forum ProMIS Neurosciences Inc PMN

ProMIS Neurosciences Inc. is a clinical-stage biotechnology company. It is focused on generating and developing antibody therapeutics selectively targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and multiple system atrophy (MSA). Its proprietary target discovery engine applies a thermodynamic, computational... see more

NDAQ:PMN - Post Discussion

ProMIS Neurosciences Inc > BTIG Initiates Coverage of PMN
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Post by bball67 on Oct 02, 2023 8:20pm

BTIG Initiates Coverage of PMN

Late this afternoon BTIG initiated coverage of PMN in a 45 page report with a Buy Rating and an $8 price target.
Comment by G1945V on Oct 03, 2023 6:35am
Are you able to post the BTIG link on PMN? TIA G1945V
Comment by BottomBroker on Oct 03, 2023 9:10am
https://www.streetinsider.com/Analyst+Comments/BTIG+Starts+ProMIS+Neurosciences+%28PMN%29+at+Buy/22227157.html This help?
Comment by retiredcop on Oct 03, 2023 11:04am
Lets actually go to the full report by BTIG and see why they are intiating coverage  High-Engineering Player Developing Both Active and Passive Immune Therapeutics for Neurodegeneration. Initiating at Buy with a $8 PT (bluematrix.com)
Comment by BottomBroker on Oct 03, 2023 12:00pm
Thanks RC.
Comment by BottomBroker on Oct 03, 2023 12:13pm
So if I'm reading this right (and maybe I'm not), they're got a target of $8, based on the results of Phase 1A trials, which are due at the end of this year?
Comment by BottomBroker on Oct 03, 2023 12:18pm
I'm basing my guess of the table that's located on page 13, exhibit 12, FYI. 
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