bluebird bio (BLUE) PT Raised to $35 at BMO Capital

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Bristol-Myers Squibb (BMY), bluebird bio (BLUE) Announces FDA Approval for Abecma for Relapsed or Refractory Multiple Myeloma

March 29, 2021 6:29 AM EDT

Late Friday, Bristol-Myers Squibb (NYSE: BMY) and bluebird bio, Inc. (Nasdaq: BLUE) today announced that the U.S. Food and Drug Administration (FDA) has approved Abecma (idecabtagene vicleucel; ide-cel) as the first B-cell maturation antigen (BCMA)-directed chimeric antigen receptor (CAR) T cell immunotherapy for the treatment of adult patients with relapsed or refractory multiple myeloma after four or more prior lines of therapy, including an immunomodulatory agent, a proteasome inhibitor, and an anti-CD38 monoclonal antibody. Abecma is a personalized immune cell therapy approved as a... More

bluebird bio (BLUE) PT Raised to $70 at Mizuho Securities on Abecma Approval

March 29, 2021 6:26 AM EDT

Mizuho Securities analyst Difei Yang raised the price target on bluebird bio (NASDAQ: BLUE) to $70.00 (from $69.00) while maintaining a Buy rating.

The analyst commented, "The FDA approved Ide-Cel (Abecma) on Friday, making this the first BCMA CAR-T therapy available for the treatment of multiple... More

bluebird bio (BLUE) PT Raised to $72 at SVB Leerink

March 29, 2021 6:24 AM EDT

SVB Leerink analyst Mani Foroohar raised the price target on bluebird bio (NASDAQ: BLUE) to $72.00 (from $69.00) while maintaining a Outperform rating.... More

Morgan Stanley Discusses the Impact and Pricing of Bluebird Bio's (BLUE) Abecma (bb2121)

March 29, 2021 6:06 AM EDT

Morgan Stanley analyst Matthew Harrison reiterated an Equalweight rating and $45.00 price target on bluebird bio (NASDAQ: BLUE) after the FDA approved Abecma (bb2121) in patients with relapsed/refractory MM who have previously received 4+ therapies. Abecma is a first-in-class anti-BCMA CART therapy with a... More