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Argenx resumed with a Strong Buy at Raymond James

Argenx resumed with a Strong Buy at Raymond James

Raymond James analyst Danielle Brill resumed coverage of Argenx with a Strong Buy rating and $605 price target Argenx successfully secured approval of chronic inflammatory demyelinating polyneuropathy with a broad, clean label at the end of June, and the firm remains bullish that the launch will both exceed investor expectations and will beat consensus estimates, the analyst says. Vyvgartb’s momentum in the generalized myasthenia gravis market remains strong, and should accelerate further with approval of the prefilled syringe by next April, the firm adds.

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