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Stock impact report

UBS Gives Zai Lab (ZLAB) a Buy Rating [Yahoo! Finance]

Zai Lab Limited - American Depositary Shares (ZLAB) 
US:NASDAQ Investor Relations: zailaboratory.com/about/investors.php
Company Research Source: Yahoo! Finance
on Zai Lab Limited (NASDAQ:ZLAB), giving the stock a Buy rating and setting the price target at $35. The research firm noted that the company is moving beyond its previous focus on China to become a global innovation leader. UBS sees Zai Lab Limited (NASDAQ:ZLAB) as undervalued and pointed out that the market is not fully recognizing the value of its global pipeline, which improves its strategic positioning, diversifies revenue streams, and creates potential long-term value for shareholders. The firm also noted that this pipeline is shifting towards high-value, innovative treatments aimed at significant unmet needs. According to UBS, this could significantly shape Zai Lab Limited's (NASDAQ:ZLAB) growth over the next decade. In other news, on January 6, Zai Lab Limited (NASDAQ:ZLAB) reported that the National Medical Products Administration (NMPA) in China has approved the supplemental New Drug Application (sNDA) for AUGTYRO (repotrectinib). The drug is approved for adult patient Show less Read more
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