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Moderna price target lowered to $59 from $70 at JPMorgan
The Fly

Moderna price target lowered to $59 from $70 at JPMorgan

JPMorgan analyst Jessica Fye lowered the firm’s price target on Moderna (MRNA) to $59 from $70 and keeps an Underweight rating on the shares. The firm updated estimates following Pfizer’s Comirnaty results and vaccine script trends for Comirnaty, Spikevax, and mResvia.

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