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DiaMedica Therapeutics initiated with a Buy at H.C. Wainwright

DiaMedica Therapeutics initiated with a Buy at H.C. Wainwright

H.C. Wainwright analyst Matthew Caufield initiated coverage of DiaMedica Therapeutics with a Buy rating and $7 price target DiaMedica is a clinical stage biopharmaceutical company focused on the treatment of acute ischemic stroke and preeclampsia, the analyst tells investors in a research note. The firm cites expectations for further DM199 validation for stroke recovery outcomes, and utilization in pregnancy, for the Buy rating.

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