H.C. Wainwright raised the firm’s price target on Apellis Pharmaceuticals to $92 from $82 and keeps a Buy rating on the shares. The firm is increasingly confident that Syfovre is well clear of the “vasculitis phase” and is also increasingly confident that Syfovre can become a blockbuster “sooner rather than later.”
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Read More on APLS:
- Apellis price target raised to $60 from $39 at Wedbush
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- Apellis reports preliminary FY23 SYFOVRE, EMPAVELI revenue of $366M
