StockNews.AI
RARE
Benzinga
22 days

Ultragenyx Represents 'Intriguing Buying Opportunity,' Despite Recent Setbacks

1. HC Wainwright rates Ultragenyx (RARE) as a Buy with a $80 price target. 2. RARE stock down 35% year-to-date, underperforming the benchmark XBI index. 3. The Orbit trial's final results for UX143 expected to be positive. 4. Current commercial portfolio could support fair value of $35-$40/share. 5. FDA's Complete Response Letter for UX111 requires resubmission by mid-2026.

4m saved
Insight
Article

FAQ

Why Bullish?

The positive analyst rating and price target suggest confidence in RARE's recovery potential, especially post-approval anticipation.

How important is it?

The article discusses RARE's potential recovery and strategic positioning in a challenging market.

Why Long Term?

The timeline for potential approvals (mid-2026) indicates that significant impacts may take time to materialize.

Related Companies

Related News