Dynavax (DVAX) Gets a Buy Rating from William Blair
William Blair analyst Matt Phipps maintained a Buy rating on Dynavax (DVAX) on May 18. The company’s shares closed last Friday at $7.77.
According to TipRanks.com, Phipps is a 1-star analyst with an average return of -1.3% and a 43.5% success rate. Phipps covers the Healthcare sector, focusing on stocks such as Phasebio Pharmaceuticals, Pieris Pharmaceuticals, and Autolus Therapeutics.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dynavax with a $18.00 average price target, representing a 127.0% upside. In a report issued on May 7, H.C. Wainwright also maintained a Buy rating on the stock with a $16.00 price target.
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The company has a one-year high of $12.44 and a one-year low of $3.58. Currently, Dynavax has an average volume of 3.28M.
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Dynavax Technologies Corp. is a biopharmaceutical company, which engages in the development and discovery of novel vaccines and immuno-oncology therapeutics. It focuses on leveraging the body’s innate and adaptive immune responses through toll-like receptor stimulation. It offers products for vaccines, cancer immunotherapy, and immune-mediated diseases. The company was founded by Lawrence M. Lichtenstein, Dennis A. Carson, and Eyal Raz on August 29, 1996 and is headquartered in Berkeley, CA.
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