Your email has been successfully added to our mailing list.

×
0 0 -0.000416319733555288 -0.000208159866777644 -0.000208159866777644 -0.00249791840133217 -0.02248126561199 -0.0262281432139883
Stock impact report

Cantor Fitzgerald and RBC Capital Stay Bullish on Legend Biotech (LEGN) [Yahoo! Finance]

Legend Biotech Corporation - American Depositary Shares (LEGN) 
Company Research Source: Yahoo! Finance
Fitzgerald maintained its Overweight rating on Legend Biotech Corporation (NASDAQ:LEGN) with a price target of $74. The firm said the stock has come under pressure because of concerns about competition, even though the company's cancer therapy, Carvykti, is still on track to grow around 100% year-over-year to reach nearly $2 billion in sales in 2025. Legend Biotech Corporation's (NASDAQ:LEGN) partner, Johnson & Johnson (NYSE:JNJ), has maintained its outlook for Carvykti to achieve peak sales over $5 billion in the growing multiple myeloma market. This forecast was reaffirmed at a post-American Society of Hematology meeting with analysts. According to estimates by Cantor Fitzgerald, Legend Biotech Corporation (NASDAQ:LEGN) is trading at an enterprise value to current sales multiple of roughly 3x and an enterprise value to peak sales multiple of approximately 1x. The research firm sees Legend Biotech Corporation (NASDAQ:LEGN) as “one of the best values in biotech” because of its pro Show less Read more
Impact Snapshot
Event Time:
LEGN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for LEGN alerts
Opt-in for
LEGN alerts

from News Quantified
Opt-in for
LEGN alerts

from News Quantified