argenx (ARGX) Reports ADDRESS Study of Efgartigimod SC Did Not Achieve Statistical Significance

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These 6 stocks are new Top Picks at Jefferies

December 20, 2023 3:51 PM EST

Jefferies' Franchise Picks represent their analysts most confident, Buy-rated stocks within the research companys US Research portfolio. These top selections are backed by thorough analysis, distinct factors, and favorable valuations indicating potential for growth.

This month, Jefferies added 6 new ideas to the list.

argenx SE

argenx (NASDAQ: ARGX) was added to the list as Jefferies analysts consider the biotechnology companys s lead asset, Vyvgart, to be a best-in-class drug owing to its potent IgG drops, clean safety profile without dose-limiting albumin drops or effector-related adverse events, and convenient... More

Immunovant (IMVT) Trades Lower in Sympathy with argenx (ARGX)

December 20, 2023 7:40 AM EST

Immunovant (NASDAQ: IMVT) Trades Lower in Sympathy with argenx (NASDAQ: ARGX)

ARGX down 23% after ADDRESS study did not meet primary or secondary endpointsargenx SE (Euronext & Nasdaq: ARGX) announced topline results from the ADDRESS study... More

argenx SE (ARGX) Defended at Stifel

December 20, 2023 6:17 AM EST

Stifel analyst Derek Archilia reiterated a Buy rating and $560.00 price target on argenx SE (NASDAQ: ARGX)

The analyst comments "The failure of efgartigimod in Pemphigus comes as quite a surprise to us. Even on the heels of the recent failure in ITP, we... More

Deutsche Bank Issues Mea Culpa, Downgrades argenx SE (ARGX:BB) (ARGX) to Hold

December 20, 2023 4:44 AM EST

Deutsche Bank analyst Emmanuel Papadakis downgraded argenx SE (ARGX:BB) (NASDAQ: ARGX) from Buy to Hold with a price target of EUR375.00 (from EUR500.00).

The analyst comments "ARGX today announced headline results for the next major clinical read out in the Vyvgart line-extension... More