Jefferies Starts Roivant Sciences (ROIV) at Buy
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Roivant Sciences (ROIV) Stock Surges 20% as Three Street Firms Initiate Coverage With Positive Ratings
October 26, 2021 8:47 AM EDTShares of Roivant Sciences (NASDAQ: ROIV) are up over 20% in pre-open Tuesday after the company received positive ratings at three Street research firms.
Analysts at Jefferies, Truist and Cowen started research coverage of Roivant at Buy or equivalent. Earlier this month, Roivant closed its $7 billion SPAC deal with Montes Archimedes, agreed in May.
Cowen analyst started at Outperform as the ROIV stock price offers a solid entry point. Shares of the company are... More
Truist Securities Starts Roivant Sciences (ROIV) at Buy
October 26, 2021 6:09 AM EDTTruist Securities analyst Robyn Karnauskas initiates coverage on Roivant Sciences (NASDAQ: ROIV) with a Buy rating and a price target of $15.00.
The analyst commented, "Roivants novel business model underappreciated by investors, in our view; with their evolving AI technology platform and... More
Cowen Starts Roivant Sciences (ROIV) at Outperform
October 26, 2021 5:38 AM EDTCowen analyst Yaron Werber initiates coverage on Roivant Sciences (NASDAQ: ROIV) with an Outperform rating.
The analyst commented, "Roivant aims to revolutionize drug development by integrating multiple subsidiaries discovery platforms with others manufacturing/clinical resources. Dermavants tapinarof is highly promising based on consultant... More