H.C. Wainwright raised the firm’s price target on Denali Therapeutics (DNLI) to $42 from $32 and keeps a Buy rating on the shares after the FDA granted accelerated approval for Avlayah for the treatment of neurologic manifestations of Hunter syndrome. The firm says the label breadth exceeds its base case assumptions.
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Read More on DNLI:
- Denali Therapeutics price target raised to $42 from $40 at Morgan Stanley
- Denali Therapeutics price target raised to $31 from $29 at BofA
- Denali Therapeutics price target raised to $41 from $34 at Stifel
- Denali Therapeutics price target raised to $32 from $29 at Baird
- Denali Therapeutics: AVLAYAH’s Superior Efficacy, BBB Shuttle Platform, and Robust Pipeline Support Buy Rating and Higher Target
