H.C. Wainwright raised the firm’s price target on Ionis Pharmaceuticals (IONS) to $100 from $95 and keeps a Buy rating on the shares. The firm recommends buying the shares of the American Heart Association meeting next month. The firm sees a potential $4B sales opportunity for olezarsen. Talks with management suggest “deeper efficacy, wider reach, and defensible mid-teens pricing,” the analyst tells investors in a research note.
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Read More on IONS:
- Ionis Pharmaceuticals price target raised to $94 from $90 at Morgan Stanley
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- Ionis Pharmaceuticals price target raised to $95 from $80 at Barclays
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