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Trevi Therapeutics price target raised to $20 from $11 at B. Riley

Trevi Therapeutics price target raised to $20 from $11 at B. Riley

B. Riley analyst Mayank Mamtani raised the firm’s price target on Trevi Therapeutics (TRVI) to $20 from $11 and keeps a Buy rating on the shares. The recent overwhelmingly positive Phase IIa RIVER refractory chronic cough data-specific insights informative of further de-risking of the Phase IIb IPF CC CORAL study readout anticipated in Q2, the analyst tells investors in a research note.

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