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Maxim Group Reaffirms Their Buy Rating on NLS Pharmaceutics (NLSP)

In a report released yesterday, Jason McCarthy from Maxim Group maintained a Buy rating on NLS Pharmaceutics (NLSPResearch Report), with a price target of $4.00. The company’s shares opened today at $1.43.

McCarthy covers the Healthcare sector, focusing on stocks such as SELLAS Life Sciences Group, Oncolytics Biotech, and Actinium Pharmaceuticals. According to TipRanks, McCarthy has an average return of -34.3% and a 17.89% success rate on recommended stocks.

NLS Pharmaceutics has an analyst consensus of Moderate Buy, with a price target consensus of $4.00.

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Based on NLS Pharmaceutics’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0

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NLS Pharmaceutics Ltd is a biopharmaceutical company. It is engaged in the discovery and development of life-improving drug therapies to treat rare and complex CNS disorders. The company focuses on developing therapeutics for the treatment of neurobehavioral and neurocognitive disorders. The company’s tangible assets are held in the United States.

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