Kite Pharma (KITE): CAR T Checks Show Physicians To Be Cautiously Optimistic - Jefferies
Get Alerts KITE Hot Sheet
Rating Summary:
10 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 10 | New: 6
Join SI Premium – FREE
Jefferies analyst, Biren Amin, reiterated his Buy rating on shares of Kite Pharma (NASDAQ: KITE) after attending the Lymphoma & Myeloma meeting where current treatment landscapes and future therapies that included CAR T were discussed.
The analyst believes physicians remain cautiously optimistic on CAR T therapies overall and are excited by the impressive data to date. Many physicians the analyst spoke with are looking forward to more mature data (e.g., durability data) to ultimately determine how CAR T fits into each indication's treatment landscape.
No change to the price target of $72.
For an analyst ratings summary and ratings history on Kite Pharma click here. For more ratings news on Kite Pharma click here.
Shares of Kite Pharma closed at $49.30 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jefferies Downgrades ULTA Salon (ULTA) to Hold, 'Competition Intensifying & Prestige Refresh Needed'
- Comerica (CMA) PT Raised to $57 at DA Davidson
- Wolfe Research Upgrades Bank of America (BAC) to Outperform, 'Underearning Firms Shouldn’t Trade at a Discount'
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!