Scotiabank initiated coverage of UroGen Pharma (URGN) with an Outperform rating and $23 price target The company is developing a novel treatment for nonmuscle invasive bladder cancer, which the firm believes represents a “massive commercial opportunity,” the analyst tells investors. As of now, no therapeutic approach stands out to us as a particular winner, which the firm thinks will be driving investor debate through 2027, but it believes the NMIBC market, which is “just beginning to be meaningfully tapped, could generate billions of dollars in sales over the next decade.
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Read More on URGN:
- UroGen Pharma’s Earnings Call Highlights Progress and Challenges
- UroGen Pharma price target lowered to $55 from $64 at H.C. Wainwright
- UroGen Pharma Reports Strong Pipeline Progress and Revenue Growth
- UroGen Pharma reports Q4 EPS (80c), consensus (72c)
- UroGen Pharma sees FY25 operating expenses $215M-$225M
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