Bank cuts Bavarian Nordic's price target 30% after shelved RSV vaccine

Danske Bank believes that communication about the prioritization between cash flows and potentially large research projects in the future is necessary.

By MarketWire

Danish bank Danske Bank has cut almost 30% of its share price target for Bavarian Nordic after the vaccine manufacturer last weekend dropped its development program for a vaccine against RSV after a failed phase III study.

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RSV loss is a setback – but Bavarian Nordic is in a different place than before, says head of IR
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