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BioNTech price target raised to $134 from $131 at Morgan Stanley

Morgan Stanley raised the firm’s price target on BioNTech (BNTX) to $134 from $131 and keeps an Overweight rating on the shares. Comirnaty Q3 revenues were ahead of consensus, and the company noted that the COVID-19 franchise is performing in-line with expectations, the analyst tells investors in a research note. The firm added BioNTech has seen and continues to expect stable share andd pricing.

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