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Day One should rally to $17.50-$18 on approval, says JonesResearch
The Fly

Day One should rally to $17.50-$18 on approval, says JonesResearch

JonesResearch analyst Soumit Roy expects shares of Day One Biopharmaceuticals to reach around $17.50-$18 after the FDA approved Ojemda. The stock closed Tuesday up 8% to $16.64. The label is “broad and clean” and matches the firm’s bull case scenario, the analyst tells investors in a research note. JonesResearch keeps a Buy rating on Day One with a $35 price target.

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