Stifel reiterates Buy on Braveheart Bio stock, $45 target
Stifel maintained a Buy rating and $45 target on Braveheart Bio (BRVE) after the company presented at its Virtual Cardiometabolic Forum. BRVE's stock is down 13.6% over the past week, trading near its 52-week low. Management expressed confidence in BHB-1893, their drug candidate for hypertrophic cardiomyopathy. Upcoming catalysts include phase 2 and phase 3 trial data. Multiple analysts have recently rated BRVE positively, with targets ranging from $40 to $48.



