WHO NEEDS A GUMMY?- CDXS
Pfizer's Paxlovid forecast 'bodes well' for Codexis, says Benchmark 08:35 CDXS, PFE Benchmark analyst Robert Wasserman maintains a Buy rating and $45 price target on Codexis (CDXS) shares after customer and key partner Pfizer (PFE) reported Q4 results and offered some insight on their COVID-19 oral therapeutic Paxlovid. Sales of Codexis' performance enzymes for use in manufacturing Paxlovid were the company's largest revenue source in 2021, accounting for approximately 30% of sales, and Pfizer's guidance for sales of Paxlovid to rise to $22B this year "bodes well" for Codexis, Wasserman tells investors. He expects that if Pfizer's commentary yesterday holds true, that repeat sales to Pfizer by Codexis in 2022 could meet those of 2021, the analyst added.
>>>>>>>>>>>>>>> That last line concerns me....
$19 stk