CervoMedCRVO
About: CervoMed Inc is a clinical-stage biotechnology company. It is focused on developing treatments for age-related neurologic disorders. The company's product candidate, Neflamapimod has the potential to treat and improve synaptic dysfunction, the reversible aspect of the underlying disease processes in DLB and certain other neurological disorders.
Employees: 8
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
29% more funds holding
Funds holding: 38 [Q2] → 49 (+11) [Q3]
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
0.62% more ownership
Funds ownership: 41.87% [Q2] → 42.49% (+0.62%) [Q3]
13% less capital invested
Capital invested by funds: $59.1M [Q2] → $51.2M (-$7.96M) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Canaccord Genuity Sumant Kulkarni 22% 1-year accuracy 7 / 32 met price target | 438%upside $12 | Buy Maintained | 11 Dec 2024 |
Roth MKM Boobalan Pachaiyappan 0% 1-year accuracy 0 / 4 met price target | 1,918%upside $45 | Buy Initiated | 5 Dec 2024 |
Financial journalist opinion
Based on 6 articles about CRVO published over the past 30 days