Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Phathom Pharma, Rhythm, Vaxcyte most likely takeover targets in pharma - analyst [Seeking Alpha]

Vaxcyte, Inc. (PCVX) 
Company Research Source: Seeking Alpha
The three companies are the most likely to be acquired in Needham's coverage universe, Needham analyst Joseph Stringer wrote in a note on Friday. Needham has a buy rating and $26 price target on Phathom ( PHAT ), a buy rating and $95 price target on Vaxcyte ( PCVX ) and a $50 price target and buy rating on Rhythm ( RYTM "We think M&A activity will remain above average for the remainder of 2024 and skew more toward mid-stage target companies, with deal sizes in the $1-3B range and a particular focus on Oncology, Immunology, and Rare Disease," Stringer wrote in the note. Stringer highlighted that there were a total of 13 M&A deals during Q1, wich was well above the 8.2 quarterly average since 2018, and the 7 deals for public companies were above the 4.9 quarterly average since 2018. Stringer expects that Bayer ( OTCPK:BAYRY ), Roche ( OTCQX:RHHBY ), and Regeneron ( REGN ) are most likely to buy earlier-stage companies. Takeda Pharmaceutical ( TAK ), Biogen ( BIIB ), Bristol-Myers Show less Read more
Impact Snapshot
Event Time:
PCVX
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
PCVX alerts

from News Quantified
Opt-in for
PCVX alerts

from News Quantified