First Berlin Equity Research Reiterates Buy Rating on Lisata Therapeutics With USD 15 Price Target
First Berlin Equity Research has published an updated report on Lisata Therapeutics Inc., maintaining its "Buy" rating and a 12-month price target of $15 per share. Analyst Christian Orquera highlighted that Lisata's results for the first nine months of 2025 slightly exceeded expectations, driven by reduced operational expenses and disciplined R&D spending. The report noted progress in Lisata's certepetide platform and strong cash reserves, providing a runway into the first quarter of 2027. First Berlin expects further milestones to support a potential re-rating of the stock.
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