Needham lifts Bavarian Nordic's target stock price 13%

Asset manager Needham boosted the target share price of the Danish vaccine maker on Friday.

Photo: Philip Davali/Ekstra Bladet, Philip Davali

The target share price for Bavarian Nordic was increased by 13% to DKK 370 (USD 50.7) from DKK 327 (USD 44.81) by asset manager Needham, according to data compiled by Bloomberg News.

Analyst Gil Blum maintains his ”buy” recommendation for the stock as the new target price indicates a potential of nearly 11% compared to the closing price of DKK 334 (USD 45.77) on Friday.

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