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FCC Has No Authority To Block Elon Musk's Twitter Purchase, Commissioner Carr Says
Thursday, April 28, 2022 - 7:34am | 305Elon Musk's proposed acquisition of Twitter, Inc. (NASDAQ: TSLA) may have one less opposition to contend with, going by a statement released by one of the commissioners of the Federal Communications Commission. FCC Commissioner Alan Carr, a Republican by political affiliation, said...
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Moderna Analysts Discuss Adcom Verdict, Distribution And Commercialization Of Coronavirus Vaccine
Friday, December 18, 2020 - 10:30am | 466Moderna Inc's (NASDAQ: MRNA) coronavirus vaccine candidate, mRNA-1273, got FDA panel backing, in line with expectations, and is likely to be accorded emergency use authorization any time now. An Unsurprising Decision: The 20-0 vote, with one abstention, in favor of issuing an EUA for mRNA-1273...
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Moderna Analyst Positive On Coronavirus Vaccine Progress, Downgrades Shares On Valuation
Wednesday, December 9, 2020 - 3:50pm | 385Moderna Inc (NASDAQ: MRNA) has been one of the best performing stocks of 2020 thanks to its COVID-19 vaccine development program. A Needham analyst stepped to the sidelines Wednesday due to the heady valuation. The Moderna Analyst: Alan Carr downgraded Moderna shares from Buy to Hold and...
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Moderna Analysts On Positive Coronavirus Vaccine Data, Revenue Potential
Monday, November 16, 2020 - 2:39pm | 635Moderna Inc (NASDAQ: MRNA) announced Monday positive efficacy data from the first interim analysis of the Phase 3 COVE study of its investigational coronavirus vaccine mRNA-1273. The Moderna Analysts: SVB Leerink analyst Mani Foroohar maintained an Underperform rating on Moderna. Needham analyst...
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Moderna Bull, Bear On Q3 Report, Coronavirus Vaccine Timeline
Friday, October 30, 2020 - 4:29pm | 572Moderna Inc (NASDAQ: MRNA) reported mixed quarterly results Thursday and suggested an interim efficacy readout from the Phase 3 study is likely in November. The Moderna Bull Case: Moderna's vaccine timeline is intact, according to Needham analyst Alan Carr, who rates the shares a Buy...
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9 Biotech Stocks With Material Catalysts In Q4
Tuesday, October 13, 2020 - 4:47pm | 943Biopharma stocks are risky bets that could fetch disproportionate gains or wipe away one's entire investment thanks to their vulnerability to catalytic events. The iShares Nasdaq Biotechnology Etf (NASDAQ: IBB) has gained about 20% year-to-date period compared to the roughly 9.3% advance by the...
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Moderna Analyst On Why Coronavirus Vaccine Developer's Stock Is Long-Term Attractive
Tuesday, October 13, 2020 - 11:50am | 438Even as major pharma companies face hiccups in their coronavirus vaccine programs, Moderna Inc (NASDAQ: MRNA) is slowly and steadily progressing in its quest to obtain emergency use authorization for its vaccine candidate mRNA-1273 before the year is out. The Moderna Analyst...
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3 Moderna Analyst Takes On The Coronavirus Vaccine Developer's Pipeline
Friday, September 18, 2020 - 12:35pm | 755Coronavirus vaccine developer Moderna Inc (NASDAQ: MRNA) held a virtual R&D event Thursday, showcasing its portfolio and key therapeutic areas. The Moderna Analysts: Chardan analyst Geulah Livshits has a Buy rating on Moderna with a $95 price target. SVB Leerink analyst Mani...
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Gilead Analysts Downplay Q2 Miss Amid Remdesivir's COVID-19 Opportunity
Friday, July 31, 2020 - 12:56pm | 824Gilead Sciences, Inc. (NASDAQ: GILD) reported second-quarter revenues and earnings that trailed expectations. The Gilead Analysts Morgan Stanley analyst Matthew Harrison maintained an Equal-Weight rating and $79 price target for Gilead. Raymond James analyst Steven Seedhouse maintained a Market...
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Needham Incrementally Bullish On Cara Therapeutics After CR845 Meets Endpoints
Thursday, June 28, 2018 - 9:42am | 339Cara Therapeutics Inc (NASDAQ: CARA) stock spiked 34 percent Wednesday after the company reported that a Phase 2/3 trial for intravenous CR845 met primary and secondary endpoints. The investor bullishness resonated with Needham. The Rating Needham analyst Alan Carr maintained a...
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2 Reasons Vertex Pharmaceuticals Just Got Upgraded
Friday, June 23, 2017 - 1:25pm | 529Needham upgraded shares of Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) from Hold to Buy, with a price target of $155. The price target, according to the firm, is based on 25 times its estimated earnings per share for 2022, discounted 20 percent annually. Analysts Alan Carr and Danielle...
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Analysts Positive On Intercept Pharmaceuticals After Earnings, Pipeline Update
Tuesday, May 12, 2015 - 12:31pm | 761On May 11, Intercept Pharmaceuticals Inc (NASDAQ: ICPT) reported first quarter earnings for 2015. The biopharmaceutical company does not yet have any approved products in its portfolio but is working on gaining approval for its lead candidate, OCA. Highlights from the company's quarterly...
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JMP, Needham Doubtful Over Chelsea Therapeutics Receiving Additional Bids
Friday, May 9, 2014 - 1:54pm | 156JMP & Needham suggest that Chelsea Therapeutics International Ltd. (NASDAQ: CHTP) is not likely to see other offers following the Lundneck bid. JMP analyst Jason Butler called Chelsea Therapeutics sale process “thorough” and sees a competing bid as “unlikely.” Butler added that the company's...
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ISIS Pharmaceuticals, Inc. (ISIS) Maintains A Buy Rating
Thursday, February 11, 2010 - 3:15pm | 119Analysts Mark Monane, and Alan Carr at Needham have release an update on ISIS Pharmaceuticals, Inc. (NASDAQ: ISIS). The company along with its partner Genzyme Corporation (NASDAQ: GENZ) reported top-line results for Phase 3 mipomersen trial in patients with heterozygous familial...