UBS upgraded its rating on vaccine maker Moderna to buy from neutral on valuation grounds, but cut its price target to $191 from $221. “We acknowledge the...
UBS upgraded its rating on vaccine maker Moderna MRNA to buy from neutral on valuation grounds, but cut its price target to $191 from $221. “We acknowledge the uncertainty around the commercial/endemic COVID market and uncertainty around ’23 revenues, which has been a key investor focus and headwind,” said analysts led by Eliana Merle.
... UBS upgraded its rating on vaccine maker Moderna MRNA to buy from neutral on valuation grounds, but cut its price target to $191 from $221. “We acknowledge the uncertainty around the commercial/endemic COVID market and uncertainty around ’23 revenues, which has been a key investor focus and headwind,” said analysts led by Eliana Merle.
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