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Moderna Inventory Is Upgraded on Development Alternatives Not Associated to Covid

Newsican Admin by Newsican Admin
December 19, 2022
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Moderna Inventory Is Upgraded on Development Alternatives Not Associated to Covid
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Moderna


was rising Monday after an analyst at Jefferies upgraded the inventory citing confidence within the vaccine maker’s progress alternatives that aren’t associated to the Covid-19 vaccine.

Jefferies analyst Michael Yee upgraded shares of Moderna (ticker: MRNA) to Purchase from Maintain and elevated his 12-month worth goal on the inventory to $275 from $170. For Moderna, Yee stated he sees a “important new pipeline story and catalysts…



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