Endocyte up another 7% as Cowen upgrades [Seeking Alpha]
ENDOCYTE (ECYT)
Last endocyte earnings: 11/7 04:01 pm
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US:NASDAQ Investor Relations:
investor.endocyte.com/investor-relations
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Source: Seeking Alpha
Endocyte up another 7% as Cowen upgradesThe risk/reward at the current stock valuation looks good, says analyst Boris Peaker, noting PSMA-617 has been tested in 2K-3K patients in Germany and the feedback from one doctor has been very positive.He conservatively sees the drug launching in 2022.Then there's the CAR-T program, which Peaker calls a "free lottery ticket" as it's not yet factored into the current share price.He upgrades to Outperform.Source: BloombergECYT+7% premarketPreviously:Endocyte readies late-stage study of Lu-PSMA-617 in prostate cancer; shares up 7% (Feb. 26)See all stocks on the move »Now read:Rigel Is A Buy For Its First NDA »
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