Alvotech (ALVO) Reports Prelim Q2 Results

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Go back to Alvotech (ALVO) Reports Prelim Q2 Results

Deutsche Bank Reiterates Hold Rating on Alvotech SA (ALVO), 'we continue to monitor ongoing Simlandi RX trends in the US'

July 2, 2024 1:02 PM EDT

Deutsche Bank analyst Emmanuel Papadakis reiterated a Hold rating and $14.00 price target on Alvotech SA (NASDAQ: ALVO).

The analyst comments "ALVO yesterday reported a Q2 sales beat of c41%/c31% for DB/cons, respectively. Top-line performance was primarily driven by achievement of clinical... More