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Fly News Breaks for July 26, 2016
QURE
Jul 26, 2016 | 09:00 EDT
Janney Capital analyst Debjit Chattopadhyay lowered his fair value estimate for uniQure to $26 from $40 on valuation. The analyst notes that uniQure's stock has been trading at levels suggesting not only its Hemophilia B program, but also the remainder of the pipeline is worth zero. However, he expects compelling risk/reward ahead of "significant" pipeline news over the next three quarters. Chattopadhyay reiterates a Buy rating on the shares.
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