H.C. Wainwright analyst Raghuram Selvaraju downgraded UroGen Pharma (URGN) to Neutral from Buy without a price target The UGN-102 negative FDA panel vote means the firm now expects a rejection next month. The negative panel vote makes it difficult to envisage a timely approval of UGN-102, the analyst tells investors in a research note. H.C. Wainwright cites the “current uncertainties” for the downgrade.
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