tiprankstipranks
The Fly

Denali Therapeutics upgraded to Buy from Hold at Stifel

Denali Therapeutics upgraded to Buy from Hold at Stifel

Stifel upgraded Denali Therapeutics (DNLI) to Buy from Hold with a $37 price target Denali recently aligned with the FDA to file for accelerated approval for their lead candidate DLN310/tividenofusp alfa in MPS IIA/Hunter syndrome with a BLA submission expected early-2025, which “represents a major win,” the analyst tells investors. Though the firm thinks DNL310 should get approved, there are “still a number of outstanding questions,” the analyst added.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

1