JPMorgan analyst Brian Cheng raised the firm’s price target on Protagonist Therapeutics (PTGX) to $106 from $95 and keeps an Overweight rating on the shares after the company received FDA approval for Icotyde. Icotyde’s overall label was clean, says JPMorgan, which views the approval positively.
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Read More on PTGX:
- Protagonist Therapeutics price target raised to $125 from $115 at Citi
- Protagonist Therapeutics price target raised to $119 from $113 at Barclays
- Protagonist Therapeutics price target raised to $104 from $91 at Clear Street
- Icotyde’s Strong Approval Outlook and Protagonist’s Strengthening Royalties Underpin Buy Rating and $117 Target
- Icotyde label upside surprise for Protagonist, says H.C. Wainwright