H.C. Wainwright raised the firm’s price target on Novocure (NVCR) to $47 from $39 and keeps a Buy rating on the shares after the company announced FDA approval of Optune Pax for the treatment of locally advanced pancreatic cancer.
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Read More on NVCR:
- Novocure’s Optune Pax approved by FDA to treat pancreatic cancer
- Novocure Wins FDA Approval for Optune Pax in Pancreatic Cancer
- Maintaining Buy on NovoCure: Viewing CMS Billing Revocation as a Temporary Administrative Setback with Limited Long-Term Impact
- NovoCure Faces CMS Billing Revocation, Revenue Impact Uncertain
- Novocure price target lowered to $39 from $42 at H.C. Wainwright
