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Morgan Stanley Doubles Vir Biotechnology Price Forecast - Here's Why
Why it may matterVerify against the original reporting
Positive Phase 1 results and analyst upgrade drive optimism for growth potential.
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VIR biotech presents initial Phase 1 data for T-cell engagers. Early data shows 50% tumor shrinkage in HER2-positive tumors. Morgan Stanley upgrades VIR from Equal-weight to Overweight with $20 target. Encouraging results indicate potential revenue from prostate cancer treatment.
- VIR biotech presents initial Phase 1 data for T-cell engagers.
- Early data shows 50% tumor shrinkage in HER2-positive tumors.
- Morgan Stanley upgrades VIR from Equal-weight to Overweight with $20 target.
- Encouraging results indicate potential revenue from prostate cancer treatment.
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