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-0.000858737655646334 -0.000644053241734674 -0.0027908973808502 0.00135251180764266 -0.00171747531129252 0.00214684413911538 -0.0025762129669387 -0.00343495062258488
Stock impact report

Morgan Stanley Trims Ultragenyx (RARE) PT to $50 While Betting on 2026 Biotech Recovery [Yahoo! Finance]

Ultragenyx Pharmaceutical Inc. (RARE) 
Last ultragenyx pharmaceutical inc. earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ultragenyx.com/investor-relations
Company Research Source: Yahoo! Finance
lowered the firm's price target on Ultragenyx to $50 from $55 and kept an Overweight rating on the shares. The firm projects continued outperformance for US SMID-cap biotech in 2026. This bullish outlook is driven by commercial-stage companies transitioning from capital consumers to producers, combined with a looming patent cliff that threatens the revenue of large-cap biopharma. In other news, on December 30, Ultragenyx Pharmaceutical completed its rolling BLA submission to the FDA for DTX401, which is a potential first-in-class gene therapy for Glycogen Storage Disease Type Ia/GSDIa. The application was finalized with the submission of the manufacturing/CMC module, following clinical and non-clinical data filed in August. If approved, DTX401 will address the root cause of this life-threatening metabolic disorder, which currently forces 6,000 patients worldwide to rely on rigorous, 24-hour cornstarch dosing to avoid fatal hypoglycemia. The submission is backed by the Phase 3 Gluc Show less Read more
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