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Fly News Breaks for March 4, 2020
ARCT
Mar 4, 2020 | 10:44 EDT
Roth Capital analyst Yasmeen Rahimi raised the firm's price target on Arcturus Therapeutics to $24 from $14 and keeps a Buy rating on the shares. With global public health concerns around continued COVID-19 infection, the company announced a partnership with Duke-NUS to utilize its STARR technology for vaccine development, the analyst notes. With STARR incorporating the essential elements of LUNAR mRNA design, Rahimi sees a potential dataset in COVID-19 as an expedited shot on goal for validation of its mRNA platform.
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