In a report issued on February 8, Christopher Liu from Leerink Partners maintained a Buy rating on Arvinas Holding Company (ARVN – Research Report), with a price target of $97.00. The company’s shares closed last Monday at $75.54.
According to TipRanks.com, Liu is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -20.9% and a 20.0% success rate. Liu covers the Healthcare sector, focusing on stocks such as Monte Rosa Therapeutics, Nurix Therapeutics, and Cogent Biosciences.
Currently, the analyst consensus on Arvinas Holding Company is a Strong Buy with an average price target of $128.17, implying a 68.5% upside from current levels. In a report issued on February 9, Wells Fargo also initiated coverage with a Buy rating on the stock with a $98.00 price target.
The company has a one-year high of $108.47 and a one-year low of $56.59. Currently, Arvinas Holding Company has an average volume of 449K.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ARVN in relation to earlier this year.
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Arvinas, Inc. is a biopharmaceutical company, which engages in the discovery, development and commercialization of therapies to degrade disease-causing proteins. Its lead products include ARV-110 and ARV-471. The company was founded in February 2013 and is headquartered in New Haven, CT.
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