Pharvaris (PHVS) Target Price Lowered by Cantor Fitzgerald | PHVS Stock News

May 14, 2025

Cantor Fitzgerald has adjusted its price target for Pharvaris (PHVS, Financial), bringing it down to $25 from the previous $28, while maintaining an Overweight rating on the stock. In its recent Q1 earnings announcement, Pharvaris confirmed progress in its clinical trials. The Phase 3 study, known as RAPIDe-3, is focused on an on-demand treatment and has achieved its patient enrollment target of 120 in March. The results for this study are expected in the first quarter of 2026. Additionally, the CHAPTER-3 study, which looks into prophylactic treatment, is slated for a readout in the second half of 2026.

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