H.C. Wainwright Affirms Buy Rating on Legend Biotech with $75 Target

Reported 2 days ago

H.C. Wainwright analyst Mitchell Kapoor has reiterated a Buy rating for Legend Biotech Corporation (NASDAQ: LEGN), setting a price target of $75. The positive outlook is driven by the company's CARVYKTI treatment, recently approved by the FDA without a risk evaluation strategy, which is expected to enhance its market launch. Despite acknowledging alternatives, the analyst emphasizes the company's potential in the oncology sector.

Source: YAHOO

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