The Ratings Game: BioNTech upgraded to buy on high hopes for combined flu/COVID vaccine and oncology pipeline

by | Dec 15, 2022 | Stock Market

Bank of America analysts upgraded BioNTech SE stock to buy from hold on Thursday, citing excitement about its mRNA technology and the outlook for a combined flu/COVID vaccine and oncology vaccines that are currently in various stages of development. Analysts led by Tazeen Ahmad reiterated their $239 price target on the stock BNTX, which is 28.5% above its current price, and said the German company’s roughly 16 billion euros in cash is a positive. “The…

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