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0 -0.00219058050383352 -0.00485057111563139 -0.00375528086371463 -0.00438116100766705 0.00281646064778594 -0.0023470505398216 -0.00790173681739951
Stock impact report

Jefferies starts Nuvalent at buy, cites lung cancer drug candidates [Seeking Alpha]

Nuvalent, Inc. - Class A (NUVL) 
NASDAQ:AMEX Investor Relations: nuvelinc.com/company/investor_relations.html
Company Research Source: Seeking Alpha
The investment firm sees zidesamtinib, also known as NVL-520, potentially generating adjusted peak sales of around $1.7B in the treatment of ROS1+ NSCLC and NVL-655 with adjusted peak sales of roughly $2.6B for ALK+ NSCLC. The company expects pivotal data on at least one candidate in 2025, with a potential interim data in 2024 and FDA approval 2026. The bank also noted that Nuvalent has around $720M in cash, enough to fund operations into 2027. Jefferies set its price target for the stock at $97. Recommended For You More Trending News Recommended For You More Trending News About NUVL Stock Related Stocks Trending Analysis Trending News Show less Read more
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