Form 8-K Revolution Medicines, For: Jul 15

Revolution (RVMD) PT Raised to $55 at JPMorgan

JPMorgan analyst Eric Joseph raised the price target on Revolution (NASDAQ: RVMD) to $55.00 (from $42.00) while maintaining a Overweight rating.

The analyst comments "Revisiting our model on the heels of updated phase 1 results for RMC-6236 in 2L+ PDAC, were establishing a Dec-25 price target of $55 (vs prior Dec-24 PT of $42). Key changes to our model include accelerated launch timing (2028 vs 2029 prior) based upon guided... More

Revolution (RVMD) PT Raised to $55 at BofA Securities

BofA Securities analyst Alec Stranahan raised the price target on Revolution (NASDAQ: RVMD) to $55.00 (from $48.00) while maintaining a Buy rating.

The analyst comments "RVMD shares were up (+5.5%, NBI: flat) on the back of what we would characterize as a best-case readout for RMC-6236... More

Revolution (RVMD) PT Raised to $73 at Jefferies

Jefferies analyst Kelly Shi raised the price target on Revolution (NASDAQ: RVMD) to $73.00 (from $63.00) while maintaining a Buy rating.

The analyst comments "With the new PDAC data, we think the odds are tipping even higher now for RVMD's multi-selective RASi to... More

Revolution (RVMD) PT Raised to $57 at Stifel

Stifel analyst Ben Burnett raised the price target on Revolution (NASDAQ: RVMD) to $57.00 (from $43.00) while maintaining a Buy rating.

The analyst comments "We are reiterating our Buy rating and increasing our TP to $57/share following RMC-6236 (RAS-multi) monotherapy results in PDAC which... More

Revolution Medicines (RVMD) provides pipeline updates

Revolution Medicines (NASDAQ: RVMD) disclosed:

Item7.01 Regulation FD Disclosure.

On July 15, 2024, Revolution Medicines, Inc. (the Company) informed investors that it expects its net loss for the year ended December 31, 2024 to be between $560 million and $600 million, which includes estimated... More