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BNTX

BioNTech

$16.32

-0.19 (-1.15%)

06:13
11/04/19
11/04
06:13
11/04/19
06:13

BioNTech initiated with a Buy at UBS

UBS analyst Andrew Ang initiated coverage of BioNTech with a Buy rating and $21 price target. The analyst believes that the company can generate about $500M in risk-adjusted sales with BNT111 and about $730M with BNT122 after seeing "encouraging monotherapy and combo clinical efficacy and safety results for BNT111" in tough to treat checkpoint inhibitor failure patients as well as in BioNTech's first-gen iNeST program, BNT121 also in CPI failures. Further data readouts and details of the company's early stage non-mRNA platform could yield additional upside, Ang says in his research note.

BNTX BioNTech
$16.32

-0.19 (-1.15%)

11/04/19
BOFA
11/04/19
INITIATION
Target $21
BOFA
Buy
BioNTech initiated with a Buy at BofA/Merrill
BofA/Merrill analyst Tazeen Ahmad initiated coverage of BioNTech with a Buy rating and $21 price target. The company is developing a multi-platform pipeline with competitive advantages, Ahmad tells investors in a research note. Further, the analyst believes mRNA therapy havs cost, manufacturing, half-life and stability advantages over DNA and recombinant protein treatments.

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CCC

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FDEF

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STIM

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TCMD

Tactile Systems

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EFSC

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CHSCP

CHS Inc.

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GMAB

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PRPO

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TILE

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IBCP

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JAZZ

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SPY

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XOM

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TSLA

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