Oppenheimer Reaffirms Their Buy Rating on Moderna Inc (MRNA)


In a report released today, Hartaj Singh from Oppenheimer maintained a Buy rating on Moderna Inc (MRNA). The company’s shares opened today at $22.47.

According to TipRanks.com, Singh is a 4-star analyst with an average return of 3.3% and a 48.0% success rate. Singh covers the Healthcare sector, focusing on stocks such as Strongbridge Biopharma Plc, Catabasis Pharmaceuticals, and Actinium Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Moderna Inc with a $25.13 average price target, an 11.8% upside from current levels. In a report issued on March 6, Needham also maintained a Buy rating on the stock with a $28 price target.

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The company has a one-year high of $24.40 and a one-year low of $13.03. Currently, Moderna Inc has an average volume of 1.1M.

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Moderna, Inc. engages in the development of transformative medicines based on messenger ribonucleic acid (mRNA). Its product pipeline includes the following modalities: prophylactic vaccines, cancer vaccines, intratumoral immuno-oncology, localized regenerative therapeutics, systemic secreted therapeutics, and systemic intracellular therapeutics.

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