SVB Securities analyst Roanna Ruiz reiterated a Buy rating on Vir Biotechnology (VIR – Research Report) on February 3 and set a price target of $43.00. The company’s shares closed last Friday at $30.14.
According to TipRanks, Ruiz is an analyst with an average return of -29.5% and a 29.51% success rate. Ruiz covers the Healthcare sector, focusing on stocks such as Lantheus, Enanta Pharmaceuticals, and Vir Biotechnology.
In addition to SVB Securities, Vir Biotechnology also received a Buy from Needham’s Joseph Stringer in a report issued on January 25. However, on January 27, Morgan Stanley upgraded Vir Biotechnology (NASDAQ: VIR) to a Hold.
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The company has a one-year high of $34.97 and a one-year low of $18.05. Currently, Vir Biotechnology has an average volume of 832.5K.
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Vir Biotechnology, Inc. engages in the provision of technologies to treat and prevent infectious diseases. Its technology platforms include antibody, T cell, innate immunity, and siRNA. The company was founded by Robert Taylor Nelsen, Klaus Frueh, Jay Parrish, Lawrence Corey, and Louis Picker in 2016 and is headquartered in San Francisco, CA.
Read More on VIR:
- Vir Biotechnology upgraded to Equal Weight from Underweight at Morgan Stanley
- Vir Biotechnology announces retirement of CEO, Backer to succeed
- Vir Biotechnology Announces Retirement of CEO George Scangos, Ph.D.; Appoints Marianne De Backer, MSc, Ph.D., MBA, as Successor
- Vir Biotechnology Achieves Target Enrollment for Groundbreaking Phase 2 PENINSULA Trial Evaluating VIR-2482 for Prevention of Seasonal Influenza A
- Vir Biotechnology achieves target enrollment for Phase 2 PENINSULA trial
