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Fly News Breaks for November 19, 2019
NVO, DRNA
Nov 19, 2019 | 07:09 EDT
H.C. Wainwright analyst Ed Arce raised his price target for Dicerna Pharmaceuticals (DRNA) to $30 from $22 after the company after announced a new strategic alliance with Novo Nordisk (NVO). The analyst sees "favorable deal terms embedded with optionality." He continues to view Dicerna as a "core, pure-play holding" in the greater nucleic acid therapy space and reiterates a Buy rating on the shares.
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