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Green baby ARDS 4 years ago #22

$ARDS

Aridis Pharmaceuticals Stock (ARDS): Why The Price Increased Today

By Amit Chowdhry ● Today at 10:55 AM
The stock price of Aridis Pharmaceuticals Inc (NASDAQ: ARDS) increased by over 10% during intraday trading today. This s why it happened.
The stock price of Aridis Pharmaceuticals Inc (NASDAQ: ARDS) increased by over 10% during intraday trading today. Investors are responding positively to a bullish research report.

H.C. Wainwright analyst Vernon Bernardino reiterated a “Buy” rating on Aridis Pharmaceuticals with a $19 price target. This price target imputes more than an 840% upside for the stock price prior to the research report.

Bernardino adjusted the rating after the company announced that AR-701 is broadly reactive against the omicron variant, other COVID-19 variants, severe acute respiratory syndrome, the Middle East respiratory syndrome, and the common cold. And AR-701 is potentially a first-in-class monoclonal antibody cocktail as it binds to the S2 spike protein subunit, which mediates viral cell membrane fusion in SARS-CoV-2 variants and also binds to the omicron variant with no loss in affinity compared to the original strain.

Plus Bernardino is looking for initiation of Phase 1 testing with AR-701 as a positive catalyst for Aridis shares in early 2022.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

Green baby ARDS 4 years ago #25

$ARDS
What’s wrong with you guys ??
it’s ready to bounce. Hold 10000shares until $5 ??????