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DCPH

Deciphera

$66.79 /

+0.2 (+0.30%)

18:32
01/22/20
01/22
18:32
01/22/20
18:32

Piper Sandler says 'incrementally positive' on Deciphera

Piper Sandler analyst Christopher Raymond reiterated an Overweight rating and $75 price target on Deciphera Pharmaceuticals following what he sees as an "increasingly high-risk" regulatory strategy for competitor Ayvakit labeling in a broad 4L GIST population on an accelerated basis. Raymond said that while Ayvakit may now be approved for PDGFRa+ GIST, the broader 4L label is much more valuable, and he continues to believe ripretinib has the better data here. The analyst said he is "incrementally positive" on Deciphera.

DCPH Deciphera
$66.79 /

+0.2 (+0.30%)

01/21/20 Nomura Instinet
Deciphera price target raised to $84 from $57 at Nomura Instinet
01/15/20 JMP Securities
JMP Securities sees continuing momentum for Deciphera's ripretinib
01/13/20 SunTrust
Deciphera initiated with a Buy at SunTrust
01/02/20 Guggenheim
Incyte downgraded to Neutral after strong 2019 at Guggenheim

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