Cybin (CYBN) Stock Fair Value Moves Lower As Analysts Rework Psychedelic Sector Assumptions
Cybin's fair value estimate has been reduced by 24% from US$49.46 to US$37.57, reflecting a re-evaluation of the psychedelic sector by analysts. While there's bullish sentiment around large pharma interest in psychedelic agents and impending FDA guidance, bearish sentiment stems from cautious valuation work …