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MacroGenics price target raised to $24 from $12 at BTIG
The Fly

MacroGenics price target raised to $24 from $12 at BTIG

BTIG raised the firm’s price target on MacroGenics to $24 from $12 and keeps a Buy rating on the shares. The firm is citing its recent conversations with key opinion leaders who “remain excited about vobra duo’s potential in prostate cancer”, the analyst tells investors in a research note. The interactions suggest that the data reported at ESMO 2021 showed remarkable efficacy, and comparable data from the upcoming trial would be “exciting”, the firm added.

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