H.C. Wainwright raised the firm’s price target on Roivant Sciences (ROIV) to $33 from $26 and keeps a Buy rating on the shares. The firm says the company reported “impressive” Phase 2 data for brepocitinib in cutaneous sarcoidosis last week. It added cutaneous sarcoidosis to its valuation.
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Read More on ROIV:
- Roivant Sciences Earnings Call Highlights Brepocitinib Surge
- Roivant Sciences price target raised to $26 from $22 at BofA
- Roivant Sciences price target raised to $30 from $24 at Jefferies
- Roivant Sciences price target raised to $30 from $28 at Guggenheim
- Roivant Sciences price target raised to $38 from $28 at TD Cowen
