tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Morphic price target lowered to $66 from $68 at Canaccord

Canaccord analyst Edward Nash lowered the firm’s price target on Morphic to $66 from $68 and keeps a Buy rating on the shares. The firm said they updated their estimated potential FDA approval and commercial launch time frame of MORF-057 in UC from 2027 to 2029, as well as a one-year pushback in the launch for UC in the EU.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on MORF:

Disclaimer & DisclosureReport an Issue

1