Citadel Securities Upgrades United Therapeutics Corp. (UTHR) to Add on Statistical, pK Analysis of FREEDOM-M
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Price: $519.26 -0.33%
Rating Summary:
17 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
17 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Citadel Securities upgraded United Therapeutics Corp. (NASDAQ: UTHR) from Neutral to Add. PT increased $5 to $70.
Citadel analyst says, "We e are upgrading UTHR to Add and raising our 12-month price target to $70 based on our expectations for a positive outcome from the FREEDOM-M trial testing oral treprostinil in Pulmonary Arterial Hypertension (PAH). We anticipate top-line data for FREEDOM-M in mid-June, and we expect details including average dose at 12 weeks, drop-out rate, and clinical worsening to also be presented. Although the upside/downside risk looks challenging, we believe FREEDOM-M will ultimately be successful, resulting in upside potential to the current share price."
For more ratings news on United Therapeutics Corp. click here and for the rating history of United Therapeutics Corp. click here.
Shares of United Therapeutics Corp. closed at $65.27 yesterday.
Citadel analyst says, "We e are upgrading UTHR to Add and raising our 12-month price target to $70 based on our expectations for a positive outcome from the FREEDOM-M trial testing oral treprostinil in Pulmonary Arterial Hypertension (PAH). We anticipate top-line data for FREEDOM-M in mid-June, and we expect details including average dose at 12 weeks, drop-out rate, and clinical worsening to also be presented. Although the upside/downside risk looks challenging, we believe FREEDOM-M will ultimately be successful, resulting in upside potential to the current share price."
For more ratings news on United Therapeutics Corp. click here and for the rating history of United Therapeutics Corp. click here.
Shares of United Therapeutics Corp. closed at $65.27 yesterday.
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