Alvotech (ALVO) Misses Q2 EPS by 59c

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Go back to Alvotech (ALVO) Misses Q2 EPS by 59c

Citi Reiterates Neutral Rating on Alvotech SA (ALVO)

August 16, 2024 5:12 AM EDT

Citi analyst Andrew Baum reiterated a Neutral rating and $14.00 price target on Alvotech SA (NASDAQ: ALVO).

The analyst comments "Alvotech reported 2Q24 results in line with preliminary announcement and Citi forecasts. 2Q product revenues grew ~7x to $53m (Citi $52m) driven... More