Baird raised the firm’s price target on Denali Therapeutics (DNLI) to $32 from $29 and keeps an Outperform rating on the shares. The firm updated its model as the Avlayah approval christens its transition to a commercial stage company.
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Read More on DNLI:
- Denali Therapeutics: Avlayah Launch and Platform De-Risking Support Commercial Upside and Higher Valuation
- Denali Therapeutics Gains FDA Approval for AVLAYAH Therapy
- Denali Therapeutics granted FDA approval of AVLAYAH for treatment of MPS II
- Denali Therapeutics price target raised to $36 from $32 at BTIG
- Denali Therapeutics price target lowered to $34 from $37 at Stifel
