2020-12-01 06:51:06 APLS Apellis
12/01/20 12/0106:51 12/01/2006:51 | Apellis price target raised to $66 from $57 at BMO CapitalBMO Capital analyst Matthew Luchini raised the firm's price target on Apellis to $66 from $57 and keeps an Outperform rating on the shares. The analyst is citing his proprietary survey data which indicates "strong enthusiasm" for the company's pegcetacoplan in PNH, or Paroxysmal Nocturnal Hemoglobinuria. Luchini adds that "pegcetacoplan should see rapid uptake", driven by treatment-experienced patients with a high transfusion burden or anemia. |
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