NOV 30. We Covered This At The Time- That's why folks read GBA!
Vir Biotechnology price target raised to $200 from $135 at H.C. Wainwright 11/30 VIR, GSK H.C. Wainwright analyst Patrick Trucchio raised the firm's price target on Vir Biotechnology (VIR) to $200 from $135 and reiterates a Buy rating on the shares. The analyst expects a "robust" COVID-19 antiviral market, with Vir as a leader. Several recent updates suggest that Vir and its collaboration partner GlaxoSmithKline (GSK) are likely to maintain a top-tier COVID-19 antiviral franchise, led at first by sotrovimab, "for the foreseeable future," Trucchio tells investors in a research note. He believes that as investors better appreciate the potential for a robust prophylaxis mAb market, potentially larger post-infection antiviral market as more SARS-CoV-2 variants emerge, and the differentiated approach by Vir and GSK, Vir shares "should increase substantially."
... We have to be careful because the changing environment for stocks. pricey tech is out i have to keep telling myself as I gravitate there. However Mattaport I don't really see that way.