Mizuho raises Amylyx stock price target on lower expense outlook
Mizuho has increased its price target for Amylyx Pharmaceuticals (NASDAQ:AMLX) to $21 from $19, maintaining an Outperform rating, based on an updated outlook for lower operating expenses. The firm highlighted Amylyx as a top pick, citing favorable risk/reward ahead of Phase 3 LUCIDITY study data for avexitide expected in Q3 2026. This positive revision follows recent news of Amylyx exceeding Q4 2025 EPS expectations and H.C. Wainwright also raising its price target on the stock.
https://m.investing.com/news/analyst-ratings/mizuho-raises-amylyx-stock-price-target-on-lower-expense-outlook-93CH-4641087?ampMode=1