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These Analysts Slash Their Forecasts On Altimmune Following Q2 Results

1. Altimmune reported a smaller-than-expected quarterly loss. 2. Company sales were $5,000K, showing market resilience. 3. Pemvidutide trial results indicate strong progress in weight loss. 4. Analysts have adjusted price targets while maintaining Buy ratings. 5. Altimmune shares rose 5.7% following the earnings report.

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FAQ

Why Bullish?

The smaller-than-expected loss and positive trial outcomes may attract investor interest.

How important is it?

Recent trial success and lower losses suggest improving company outlook, but price targets are lower.

Why Short Term?

Immediate market reaction seen with a share price increase following earnings announcement.

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