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IFRX

InflaRx

$35.13

-1.3 (-3.57%)

08:40
01/03/19
01/03
08:40
01/03/19
08:40

InflaRx opens new corporate office in New York City

InflaRx announced the opening of the company's second U.S.-based location and the addition of new management members. The new corporate office follows the opening of the company's R&D facility in Ann Arbor, Michigan in June 2018. The new facility will be part of InflaRx Pharmaceuticals, a wholly owned subsidiary of the InflaRx.

IFRX InflaRx
$35.13

-1.3 (-3.57%)

12/10/18
FBCO
12/10/18
INITIATION
Target $47
FBCO
Outperform
InflaRx initiated with an Outperform at Credit Suisse
Credit Suisse analyst Tiago Fauth started coverage of InflaRx with an Outperform rating and $47 price target. The analyst believes the stock will outperform based on a favorable risk/reward into a potentially meaningfully de-risking Phase 2b clinical update for IFX-1 in HS and increasing investor recognition of the substantial and growing opportunity in the HS market.
07/13/18
BMOC
07/13/18
INITIATION
Target $45
BMOC
Outperform
InflaRx initiated with an Outperform at BMO Capital
As reported earlier, BMO Capital analyst Matthew Luchini initiated InflaRX (IFRX) with an Outperform rating and a price target of $45. The analyst notes that the company's IFX-1 "could be a best-in-class treatment for hidradenitis suppurativa" skin diseas, with initial data suggesting a "better clinical profile" than Humira. Luchini adds that the strength of IFX-1's Phase IIa data de-risks the ongoing Phase IIb trial, also stating that "IFX-1's targeting of C5a could be an advantage over emerging competitor avacopan" made by ChemoCentryx (CCXI).
07/13/18
BMOC
07/13/18
INITIATION
Target $45
BMOC
Outperform
InflaRx initiated with an Outperform at BMO Capital
BMO Capital analyst Matthew Luchini initiated InflaRx with an Outperform and $45 price target.
06/28/18
RHCO
06/28/18
INITIATION
Target $55
RHCO
Buy
InflaRx initiated with a Buy at SunTrust
As reported earlier, SunTrust analyst Yatin Suneja initiated InflaRx with a Buy rating and a price target of $55. The analyst says the company's only clinical candidate IFX-1 has produced "promising Phase 2a data in hidradenitis suppurativa skin disease", adding that he is optimistic about the program's success in the Phase 2b trial which is expected to yield initial data in the first half of FY19. Suneja believes that IFX-1 could achieve peak global sales of about $2B.

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FTCH

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DELL

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RF

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Virgin Galactic

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PSTG

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DAC

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GSX

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$18.88

2.625 (16.15%)

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BKE

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SSI

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$4.30

0.95 (28.36%)

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Goldman Sachs

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ACM

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DE

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HIIQ

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HBI

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FB

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BA

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ZTCOY

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GOOG

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CC

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