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Moderna Analyst Projects Transformation Into 'Five-Product Commercial Company' By 2026
Tuesday, January 2, 2024 - 12:21pm | 344Moderna Inc (NASDAQ: MRNA) is back in focus as it is making advancements in cancer treatment. Moderna is likely to become a “five-product commercial company” by 2026, according to Oppenheimer. The Moderna Analyst: Hartaj Singh upgraded the rating for Moderna to Outperform, while raising...
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If Moderna Is 'Executing Superbly' On Its COVID-19 Vaccine Portfolio, Why Is This Analyst Downgrading The Stock?
Friday, August 6, 2021 - 1:26pm | 429Moderna Inc (NASDAQ: MRNA) shares are experiencing weakness for a second straight session following the release of its quarterly results. The Moderna Analyst: Oppenheimer analyst Hartaj Singh downgraded Moderna shares from Outperform to Perform. The Moderna Thesis: Moderna exceeded...
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Inovio Shares Rally As Oppenheimer Says Coronavirus Vaccine Developer Approaching Finish Line
Friday, February 12, 2021 - 3:46pm | 617Shares of coronavirus vaccine developer Inovio Pharmaceuticals Inc (NASDAQ: INO) were surging Friday after a vote of confidence from the Street. Bullish Analyst, Fund Stake Prop Up Stock: Oppenheimer analyst Hartaj Singh initiated coverage of Inovio shares with an Outperform rating and...
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Moderna Will Start To Outrun Coronavirus Competition In 2021, Analyst Says
Friday, September 25, 2020 - 2:37pm | 435Coronavirus vaccine developer Moderna Inc (NASDAQ: MRNA) has impressed Wall Street analysts with its comprehensive approach and forward thinking. The Moderna Analyst: Oppenheimer analyst Hartaj Singh maintained an Outperform rating and $108 price target. The Moderna Thesis: Moderna'...
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Moderna Analyst Says Biotech Has 'First-To-Market' Potential For Coronavirus Vaccine
Monday, May 18, 2020 - 4:42pm | 634Moderna Inc (NASDAQ: MRNA) shares were trading at new highs Monday following the release of positive interim Phase 1 immunogenicity and safety data for its mRNA-1273 coronavirus vaccine candidate. The Moderna Analysts Goldman Sachs analyst Salveen Richter maintained a Buy rating on Moderna...
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Oppenheimer Sees New Life In 22-Year-Old ArQule Stock
Tuesday, June 12, 2018 - 11:33am | 376ArQule, Inc. (NASDAQ: ARQL) shares are up 367 percent year-over-year, but they’re still undervalued, according to Oppenheimer. The Rating Analyst Hartaj Singh initiated coverage on ArQule with an Outperform rating and $7 price target. The Thesis Oppenheimer expects the ARQ 092/751 and ARQ...
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Oppenheimer Stays Bullish On Alexion Pharma
Wednesday, December 20, 2017 - 6:05pm | 304Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) will report fourth-quarter earnings in late January, according to Oppenheimer. The Analyst Oppenheimer's Hartaj Singh maintains an Outperform on Alexion Pharmaceuticals with a $115 price target. The Thesis Alexion...
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Down 16% Over May, Has Sarepta Become A Cheap Takeout Target?
Friday, June 9, 2017 - 8:21am | 359Sarepta Therapeutics Inc (NASDAQ: SRPT), a smid-cap biopharmaceutical company that focuses on the treatment of rare neuromuscular diseases including Duchenne muscular dystrophy, saw its stock peak north of $60 per share in late 2016 after the U.S. Food and Drug Administration green-lighted its DMD...
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Here's Why Sarepta Therapeutics May Be The Rarest Of Finds: A 'Value' Biotech Stock
Friday, April 28, 2017 - 1:54pm | 451Sarepta Therapeutics Inc (NASDAQ: SRPT) was trading higher Friday after a Thursday-night update of Exondys 51 annual sales guidance from $80 million to $95 million. The figure still fell short of Oppenheimer’s $100 million estimate — and analyst Hartaj Singh even considers his rate...
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Oppenheimer Stays Bullish On Sarepta As Concerns Continue To Swirl
Thursday, February 16, 2017 - 10:50am | 345Shares of Sarepta Therapeutics Inc (NASDAQ: SRPT) have declined sharply, with continued concerns around reimbursement and competition. The shares could appreciate going ahead, driven by “the ongoing eteplirsen EU application review process and increasing visibility on a successful US launch,...
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Decreasing Visibility: BTIG Downgrades EPRS To Neutral
Wednesday, May 11, 2016 - 1:10pm | 206BTIG's Hartaj Singh downgrades Epirus Biophramaceuticals Inc (NASDAQ: EPRS) from Buy to Neutral. Share were recently down about 18 percent at $0.88. Epirus made senior management changes Tuesday, as well as a change in strategy moving forward in the fiscal year. CEO Amit Munshi stepped down...
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SunTrust: Medivation M&A Chatter Highlights Value, Company's 'Unique' Industry Position
Wednesday, April 13, 2016 - 1:44pm | 623The M&A rumors continue to swirl around biotech firm Medivation Inc (NASDAQ: MDVN), and a SunTrust analyst has commented that the latest take-over chatter highlights the value of the company. A Bloomberg report said Medivation has rejected a take-out offer from Sanofi SA (ADR) (NYSE: SNY),...
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BTIG: Medivation Acquirer Could Pay 20-30% Premium And Still Buy At Low Valuation
Monday, April 4, 2016 - 10:50am | 248Media reports suggest Medivation Inc (NASDAQ: MDVN) has hired an investment bank to look into acquisition interest from other companies, while it has no plans to sell itself. BTIG’s Hartaj Singh said that the latest media reports had resulted in “frenzied speculation” of...
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UPDATE: BTIG Initiates Coverage On Alexion Pharmaceuticals
Tuesday, January 6, 2015 - 8:40am | 236BTIG initiated coverage on Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) Monday with a Buy rating and $250 price target. Analyst Hartaj Singh believed the “current valuation reflects a quality company but does not account for what we believe will be rapid top & bottom line estimate...
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UPDATE: BTIG Initiates Coverage On Pharmacyclics
Tuesday, January 6, 2015 - 8:38am | 230BTIG initiated coverage on Pharmacyclics, Inc. (NASDAQ: PCYC) Monday with a Buy rating and $225 price target. Analyst Hartaj Singh believed the “current valuation is a reflection of consensus inadequately modelling the rapid and broad uptake of ibrutinib in various liquid tumors. We are...