Merus initiated with a Buy at UBS
The Fly

Merus initiated with a Buy at UBS

UBS initiated coverage of Merus (MRUS) with a Buy rating and $72 price target The firm launched coverage of SMID cap biotech sector with a focus in oncology and autoimmune diseases. Its top pick is Syndax. Merus has a “best-in-class” bispecific antibody to transform the standard of care in head and neck cancer, the analyst tells investors in a research note.

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