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OPK

Opko Health

$4.03 /

+0.2 (+5.22%)

, PFE

Pfizer

$33.72 /

-0.31 (-0.91%)

13:08
07/08/20
07/08
13:08
07/08/20
13:08

Opko Health price target raised to $6 from $4 at Piper Sandler

Piper Sandler analyst Edward Tenthoff raised the firm's price target on Opko Health (OPK) to $6 from $4 and reiterates an Overweight rating on the shares. The stock in afternoon trading is up 5% to $4.04. The analyst says "continued strong" SARS-CoV-2 PCR and growing antibody testing at BioReference Labs increases his confidence in the company's Service revenue forecast of $225M in Q2 and $896M this year. Further, partner Pfizer (PFE) will file in the Biologics License Application and Market Authorization Application for once-weekly somatrogon for treatment of growth hormone deficiency children this year, Tenthoff tells investors in a research note.

OPK

Opko Health

$4.03 /

+0.2 (+5.22%)

PFE

Pfizer

$33.72 /

-0.31 (-0.91%)

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