Moderna Stock Upgrade
Goldman was the lead manager on moderna s most recent stock offering in mid february which raised cash at 19 a share.
Moderna stock upgrade. After this upgrade moderna s 13 analysts are now forecasting revenues of us 5 5b in 2021. Nasdaq mrna s share price reached a new 52 week high on wednesday after the goldman sachs group raised their price target on the stock from 107 00 to 139 00. Stock falls tuesday underperforms market nov. Et by marketwatch automation what to expect after the oxford astrazeneca covid 19 vaccine news.
Argenx beats moderna on 10 of the 14 factors compared between the two stocks. Morgan over what the investment bank sees as a ripe valuation based on the stock s current price levels. 24 2020 at 4 30 p m. Since then mrna stock has increased by 438 0 and is now trading at 127 03.
Moderna traded as high as 105 78 and last traded at 102 40 with a volume of 487912. Argenx has a beta of 1 04 indicating that its stock price is 4 more volatile than the s p 500. The stock had previously closed at 98 56. The company traded as high as 103 74 and last traded at 103 11 with a volume of 213482 shares traded.
The stock had previously closed at 98 56. Whether the upgrade is enough to drive the stock price higher is yet to be seen however. Comparatively moderna has a beta of 0 53 indicating that its stock price is 47 less volatile than the s p 500. The stock has surged nearly four fold since then.
Moderna s stock was trading at 23 61 on march 11th 2020 when covid 19 reached pandemic status according to the world health organization who. Mrna has been the subject of a number of other reports. Drugmaker moderna get report was downgraded to neutral from overweight by analysts at j p. Nasdaq mrna s share price reached a new 52 week high on wednesday after the goldman sachs group raised their price target on the stock from 107 00 to 139 00.
Valuengine lowered moderna from a buy rating to a hold rating in a research note on tuesday february. Nasdaq mrna s stock price reached a new 52 week high during mid day trading on monday after chardan capital raised their price target on the stock from 93 00 to 107 00.