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Express News | Trump: Xi Will Be Coming “in the Not Too (Not 'to') Distant Future”
Morgan Stanley Maintains Legend Biotech(LEGN.US) With Buy Rating, Cuts Target Price to $80
Morgan Stanley Maintains Overweight on Legend Biotech, Lowers Price Target to $80
Legend Biotech Price Target Lowered to $80 From $82 at Morgan Stanley
Analysts Offer Insights on Healthcare Companies: Legend Biotech (LEGN) and EyePoint Pharmaceuticals (EYPT)
Morgan Stanley: Reiterates GENSCRIPT BIO "Shareholding" rating and raises the Target Price to HKD 21.9.
Morgan Stanley released a research report reaffirming the "Shareholding" rating for GENSCRIPT BIO (01548), raising the Target Price from HKD 18.6 to HKD 21.9. The bank stated that last year, GENSCRIPT BIO's non-cell therapy business performance largely met expectations, with management setting a target for all core Business Sectors to achieve accelerated double-digit growth by 2025. After no longer consolidating Legend Biotech's financial statements, a profit of approximately USD 2.9 billion has been recorded for the year. GENSCRIPT has achieved profitability from an accounting standpoint. Morgan Stanley stated that the recovery trend for GENSCRIPT is expected to continue into 2025, making the operational outlook more optimistic, and believes it will be positively impacted by Global.