Stifel Nicolaus Cuts Inventiva (NASDAQ:IVA) Price Target to $20.00

Inventiva (NASDAQ:IVAFree Report) had its price target lowered by Stifel Nicolaus from $25.00 to $20.00 in a report published on Thursday, Benzinga reports. The firm currently has a buy rating on the stock.

Inventiva Stock Up 2.8 %

IVA stock opened at $1.84 on Thursday. Inventiva has a 12 month low of $1.53 and a 12 month high of $4.75. The firm’s fifty day simple moving average is $2.25 and its 200-day simple moving average is $2.96.

Hedge Funds Weigh In On Inventiva

A hedge fund recently bought a new stake in Inventiva stock. Virtu Financial LLC bought a new position in shares of Inventiva S.A. (NASDAQ:IVAFree Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 10,490 shares of the company’s stock, valued at approximately $38,000. 19.06% of the stock is currently owned by institutional investors.

Inventiva Company Profile

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Inventiva SA, a clinical-stage biopharmaceutical company, focuses on the development of oral small molecule therapies for the treatment of non-alcoholic steatohepatitis (NASH) and other diseases. Its lead product candidate is Lanifibranor, which is in Phase III clinical trial to treat NASH. The company also develops Odiparcil for the treatment of patients with mucopolysaccharidoses type VI.

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Analyst Recommendations for Inventiva (NASDAQ:IVA)

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