BioNTech price target lowered to $145 from $150 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on BioNTech (BNTX) to $145 from $150 and keeps a Buy rating on the shares. The firm says BNT327’s Phase 2 results in small-cell lung cancer appear highly promising. In addition, Peter Marks departure from the FDA doesn’t significantly change the analyst’s outlook on BioNTech.

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