Argenx price target lowered to $1,065 from $1,100 at Guggenheim

Guggenheim lowered the firm’s price target on Argenx (ARGX) to $1,065 from $1,100 and keeps a Buy rating on the shares. Argenx continues to deliver solid performance with results that “underscore the strength of its fundamentals,” says the analyst, who views weakness in the shares as “an especially compelling buying opportunity” given the robust pipeline and long-term growth drivers.