Vivani Medical’s Innovative Semaglutide Implant and Market Positioning Drive Buy Recommendation
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Analyst Naz Rahman from Maxim Group reiterated a Buy rating for Vivani Medical, maintaining a $4.00 price target. The recommendation is based on Vivani's innovative NPM-139 semaglutide implant, which offers a unique six-month administration cycle, potentially improving patient compliance. The recent acquisition of Metsera by Pfizer highlights the value of long-duration obesity treatments, supporting Vivani's strategy. Vivani's stock price increased by 29.05% over six months, reinforcing the Buy recommendation.
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