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RBC Capital Markets increased its price target for CorMedix Inc. from $14 to $15 after the Heron Therapeutics deal.

OpinionRead the original at marketscreener.com
Good for CRMD

RBC raised its share-price target and kept its Outperform rating, supporting a positive reading. It also flagged speculative risk in CorMedix's business model.

CRMD · CorMedix Inc.

AI read · Good for CRMD

The AI's read

The higher target reflects RBC's updated view after CorMedix announced the Heron asset deal. The firm also flagged speculative risk, so this is a favorable analyst opinion, not proof that results will improve.

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