B.Riley reiterates Buy on 4D Molecular stock, cites trial design
B.Riley reiterated a Buy rating and $37.00 price target on 4D Molecular Therapeutics (FDMT), citing trial design and potential for its gene therapy candidate 4D-150. The company's market cap is $791 million, with shares up 91% year-to-date. Analysts highlight strong cash position, upcoming trial readouts, and potential adoption in wet AMD and diabetic macular edema.
