Oppenheimer Thinks Evaxion Biotech’s Stock is Going to Recover

Oppenheimer analyst Kevin DeGeeter maintained a Buy rating on Evaxion Biotech (EVAX) today and set a price target of $18.00. The company’s shares closed last Thursday at $5.55, close to its 52-week low of $5.16.

According to TipRanks.com, DeGeeter is a 5-star analyst with an average return of 38.6% and a 46.4% success rate. DeGeeter covers the Healthcare sector, focusing on stocks such as Cyclacel Pharmaceuticals, Rocket Pharmaceuticals, and Sensei Biotherapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Evaxion Biotech with a $18.00 average price target.

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Evaxion Biotech AS is an artificial intelligence immunology platform company. It uses proprietary AI technology, engineering expertise and drug development know-how to simulate the human immune system and generate predictive models to identify and develop efficacious immunotherapies for patients in the global market.

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