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Pharvaris stock jumps after positive HAE drug trial and Oppenheimer raises price target to $75

Market News
08 Sep 2026
Gordon Thompson
View Source
Bullish
Pharvaris stock jumps after positive HAE drug trial and Oppenheimer raises price target to $75

Pharvaris's experimental oral drug deucrictibant showed an 83% reduction in hereditary angioedema (HAE) attacks in a Phase 3 trial, prompting Oppenheimer to raise its price target from $50 to $75 and maintain an "Outperform" rating. The positive trial results and analyst confidence drove Pharvaris's stock to a 52-week high, boosting its market cap to about $2.64 billion. The company plans to seek marketing approval in the first half of 2027 based on these strong results. This development highlights Pharvaris's potential to offer easier treatment options for HAE patients.

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