B. Riley analyst downgrades Cassava Sciences over limited data disclosures

Nov. 16, 2022 12:36 PM ETSAVABy: Mary Christine Joy, SA News Editor161 Comments

Closeup profile side view of woman hand showing white arrow pointing down, downgrade.

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B. Riley analyst Mayank Mamtani downgraded the biotechnology company Cassava Sciences (SAVA) over limited relevant data disclosures.

Mamtani lowered the company to Neutral from Buy, with the price target maintained at $44.

The stock was trading ~9% down after the ratings action.

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