The center already has about 100 employees, but that number is expected to double over the next few years.
CRANBURY, N.J., April 24, 2020 -- Amicus Therapeutics (Nasdaq: FOLD) today announced that the Company will host a conference call and live audio webcast on Thursday, May 7,.
Galafold 1Q2020 Revenue of $60.5 Million Reflects Continued Strong Adoption in All Key Global Regions, On Track to Achieve 2020 Revenue Guidance of $250M-$260M AT-GAA in.
Amicus Therapeutics (FOLD) a global, patient-dedicated biotechnology company focused on discovering, developing and delivering novel medicines for rare diseases today announced the acceptance of several abstracts for presentation at the American Society of Gene & Cell Therapy 23rd Annual Meeting being held virtually on May 12 – 15. Preclinical data from its Pompe gene therapy program, which Amicus is developing with the Gene Therapy Program of the Perelman School of Medicine at the University of Pennsylvania, will be presented as an oral presentation.
Amicus Therapeutics (FOLD) delivered earnings and revenue surprises of -25.00% and 5.80%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
If you're interested in Amicus Therapeutics, Inc. (NASDAQ:FOLD), then you might want to consider its beta (a measure...
Amicus Therapeutics, Inc. (NASDAQ:FOLD) shares fell 7.2% to US$9.14 in the week since its latest full-year results...
Amicus Therapeutics (FOLD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Amicus Therapeutics (FOLD), a global, patient-dedicated biotechnology company focused on discovering, developing and delivering novel medicines for rare diseases, today announced that its 2020 Annual Meeting of Stockholders will now be held solely via live webcast due to the public health impact of the COVID-19 pandemic and out of an abundance of concern for the health and well-being of our employees, stockholders and directors. To attend and participate in the virtual Annual Meeting of Stockholders, stockholders of record will need to visit www.virtualshareholdermeeting.com/FOLD2020 and use their 16-digit control number (the “Control Number”) received in their notice to log in to this website. Only one stockholder per Control Number can access the meeting.
FOLD earnings call for the period ending March 31, 2020.
And they’re off to the races. All three of the major U.S. stock indexes popped on Monday after biotech company Moderna reported its experimental COVID-19 vaccine produced encouraging results in its Phase 1 trial, with it appearing to be safe and able to generate an immune response against the virus.While the news has inspired optimism among market watchers, one investing guru is saying slow your roll. Billionaire Steve Cohen told the employees of his investment firm, Point72 Asset Management, to use caution amid the market’s slight rebounds from low points.In a note to his staff, Cohen wrote, “Markets don’t come back in a straight line; after an earthquake there are tremors. We need to continue to be disciplined. We are seeing plenty of opportunities to generate returns, but I don’t want us taking undue risks.”Using what’s known as a multi-strategy approach which involves stock market investments as well as global investments in several asset classes all at once based on macroeconomic trends, Cohen is considered one of the best in the business. The legendary stock picker has the track record to back up his reputation.Taking a page from Cohen’s playbook, we scanned a recent 13F filing disclosing Point72’s recent buys and found three healthcare stocks that looked promising. After running each through TipRanks’ database, we learned that some Wall Street analysts are also avid fans of the Buy-rated tickers.Verastem (VSTM)Targeting the critical signaling pathways in cancer, Verastem is developing a diverse portfolio of small molecule drugs that could potentially stop the disease in its tracks. Based on this pipeline that includes phosphoinositide 3-kinase (PI3K) and focal adhesion kinase (FAK) inhibitors, some see significant gains in VSTM’s future. Cohen is among those that have high hopes for this healthcare name. Pulling the trigger on VSTM for the first time, Point72 purchased more than 6.1 million shares. The value of the firm’s new holding comes in at over $16 million.Meanwhile, five-star analyst Alethia Young, of Cantor Fitzgerald, cites recently released data on VS-6766 and Defactinib in ovarian and non-small-cell lung carcinoma (NSCLC) as the major component of her bullish thesis. For ovarian cancer, a 67% response rate was seen in six patients in the KRAS subgroup.The candidate also demonstrated activity in a subgroup of NSCLC KRAS G12V patients, with it producing a 10% response rate in the overall KRAS group of ten patients treated in the combo study. This suggests that G12V was the main driver of the effect. Young added, “In addition to the investigator run NSCLC cohort, VSTM studied G12V in another seven patients achieving a 57% ORR.” Additionally, while toxicities related to MEK/RAF and FAK were expected, the go forward dose appeared to be tolerable.Expounding on the implications of the data, Young said, “We find these data encouraging based on current market cap size since they have found likely two indications in subgroups where the monotherapy or combinations are active. We wonder if there will be questions around not seeing activity in the broader KRAS NSCLC subgroup, but overall we think this early signal in a hard to treat KRAS subgroup population is positive.”It should also be noted that challenging experiences with PI3K delta have created some headwinds, but Young still thinks the commercial potential for these therapies is underappreciated by investors. “Verastem’s Copiktra is approved for CLL and FL/SLL, which are two large markets. Our doctor checks suggest that PI3K is a viable class certainly in relapsed or refractory patients,” she stated.Bearing this in mind, Young left an Overweight rating and $6 price target on the stock. Should this target be met, a twelve-month gain of 233% could be in store. (To watch Young’s track record, click here)Looking at the consensus breakdown, 2 Buys and 1 Hold add up to a Moderate Buy analyst consensus. At $4.50, the average price target implies nearly 149% upside potential. (See Verastem stock analysis on TipRanks)Amicus Therapeutics (FOLD)Focused on delivering high-quality therapies for people living with rare metabolic diseases, Amicus Therapeutics takes its place at the forefront of the space. With a jam-packed development pipeline, it’s no wonder FOLD has scored fans. Cohen’s firm just gave the healthcare stock a nod of approval. Acquiring a new FOLD holding, Point72 picked up 2,242,900 shares valued at $20,724,000.Turning now to the analyst community, FOLD has received significant support. One of the analysts in its corner is Leerink's Joseph Schwartz, who points out that despite the COVID-19 pandemic, FOLD exceeded expectations for Q1 2020 revenue thanks to high pt. demand. The five-star analyst also noted, “Favorable reimbursement dynamics also continued to tailwinds for Galafold sales in Q1 2020. As strong adoption of Galafold continues, FOLD management reiterated that revenue continues to track towards full-year 2020 guidance of $250 to $260 million.”Additionally, Schwartz argues that in the last year, FOLD has increased its focus on cost management while still remaining committed to developing its product candidates, helping the company “turn a corner.” As part of this strategy, more cost saving initiatives have been put in place to mitigate any impacts from COVID-19, allowing its cash runway to extend through the second half of 2022.Most exciting for Schwartz, though, is that Phase 3 PROPEL for AT-GAA, its “crown jewel”, remains on track and manufacturing and supply is intact globally. Adding to the good news, AT-GAA was granted a rolling BLA submission, which is set to start in the second half of this year. This means that top-line data could be released in the first half of 2021.As the development of FOLD’s gene therapy portfolio is also progressing, with it planning to have clinical development, manufacturing and regulatory discussions for both the CLN6 and CLN3 Battens gene therapy programs, the deal is sealed for Schwartz.To this end, Schwartz maintained an Outperform call and $19 price target. This target conveys his confidence in FOLD’s ability to climb 51% higher in the next year. (To watch Schwartz’s track record, click here)What does the rest of the Street think about FOLD? It turns out that other analysts also have high hopes. With 5 Buys and a single Hold, the word on the Street is that this stock is a Strong Buy. In addition, the $20.58 average price target puts the upside potential at 65%. (See Amicus stock analysis on TipRanks)Insmed (INSM)Last but not least we have Insmed, which works on developing effective therapies for patients suffering from serious and rare diseases. While COVID-19 has weighed on the company, there are major catalysts on the horizon that could potentially fuel upside for shares.Point72 takes its place on the bulls’ side. Boosting its holding by a whopping 1,283%, the firm snapped up 3.3 million shares. As for the value of this new addition, it lands at $53.4 million.Like Cohen, H.C. Wainwright analyst Andrew Fein is optimistic. “In spite of investor uncertainty associated the with COVID-19 pandemic, we view the apparent progression of all pipeline programs in lieu of such headwinds as positive for the stock,” Fein commented.Looking specifically at ARIKAYCE, growth has slowed as a result of the public health crisis, but the five-star analyst argues that several factors suggest the momentum for sales growth will persist. These include the submission of an NDA in March in Japan, which boasts the largest diagnosed MAC lung disease population, and the pending EU marketing authorization. This would set INSM up for a Germany launch by year-end, followed up by a UK launch shortly after.The most noteworthy potential catalyst in terms of prescriptions and determining treatment duration, though, will be updated guidelines from both the American Thoracic Society (ATS) and the Infectious Disease Society of America (IDSA). It also doesn’t hurt that there’s a peer-reviewed paper offering solutions to address the adverse events that are sometimes witnessed with ARIKAYCE use and a patient reported outcome (PRO) tool for ARIKAYCE in non-tuberculosis (NTM) disease is being developed, with the trial kicking off in the beginning of the second half of 2020.Fein added, “Insmed announced that it has not yet observed any disruptions in the supply chain for ARIKAYCE production and should be able to meet global demand through 2022...Insmed believes that the current climate is causing a bolus of patients, which could lead to a major upswing in patients being treated with ARIKAYCE in 2H20.”If that wasn’t enough, Brensocatib, formerly INS1007, is on a clear path to Phase 3 trial initiation in bronchiectasis and is being studied in severe COVID-19 patients. “We feel the development of Brensocatib remains promising as we recall the announcement that AstraZeneca decided to exercise the first option to advance Brensocatib development in chronic obstructive pulmonary disease (COPD) or asthma patients,” Fein noted. Treprostinil Palmitil, previously INS1009, could also see Phase 1 initiation in pulmonary arterial hypertension in the second half of 2020.Based on all of the above, Fein reiterated his Buy rating and $52 price target. Given this target, shares could skyrocket 103% in the next twelve months. (To watch Fein’s track record, click here)With only Buy ratings assigned in the last three months, 6 to be exact, the message is clear: INSM is a Strong Buy. The $47.83 average price target is less aggressive than Fein’s, but it still leaves room for 87% upside potential. (See Insmed stock analysis on TipRanks)To find good ideas for healthcare stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
Amicus Therapeutics (FOLD) today announced the official opening of the company’s Global Research and Gene Therapy Center of Excellence in uCity Square in Philadelphia to advance its industry leading portfolio of rare disease gene therapy programs. In 2019, Amicus and the University of Pennsylvania (Penn) announced a major expansion of their Gene Therapy Collaboration which provides Amicus with disease-specific worldwide rights to Penn’s Next Generation Gene Therapy Technologies from the Wilson Lab for the majority of lysosomal storage disorders, as well as twelve additional more prevalent rare diseases including Rett Syndrome, Angelman Syndrome and select other muscular dystrophies.
Amicus Therapeutics (FOLD), a global, patient-dedicated biotechnology company focused on discovering, developing and delivering novel medicines for rare diseases, today announced that the Company has proactively taken numerous measures in response to the novel coronavirus (COVID-19) pandemic to support the rare disease community globally and to ensure the achievement of its 2020 key strategic priorities. In support of its patients, people, and programs, a COVID-19 internal Amicus task force chaired by Chairman & CEO John F. Crowley was established in early March and meets regularly via video conference to assess COVID-19 developments and their impacts on company plans and strategies. Amicus is committed to providing uninterrupted access to medicines for those who are in need of a treatment.
It's been a good week for Amicus Therapeutics, Inc. (NASDAQ:FOLD) shareholders, because the company has just released...
Q4 2019 Amicus Therapeutics Inc Earnings Call
As the month of May kicked off, stocks got off to a rocky start. The market slumped in response to a first quarter profit miss from eCommerce giant Amazon (NASDAQ:AMZN) and its plan to put all second-quarter earnings towards its COVID-19 response, with all three of the major U.S. indexes landing in the red on the week's final day of trading. Aside from healthcare stocks, many also came under pressure as tensions between the U.S. and China flared after the Trump administration stated that China will be held accountable for COVID-19. May 1's disappointing trading session came on the heels of the largest monthly surge for Wall Street in more than three decades. However, that's not to say investors should hold off on all new additions to their portfolios. The investing pros note that it's still possible to unmask the names poised to take off on an upward trajectory, you just have to know what to look for. This is especially true of the healthcare space, which has managed to hold up significantly better than other industries. Advising careful due diligence, they recommend focusing on healthcare stocks the analyst community as a whole believes have healthy long-term growth prospects. InvestorPlace - Stock Market News, Stock Advice & Trading TipsOnce we knew what to watch out for, we used TipRanks' database to pinpoint seven compelling healthcare stocks: * Ascendis Pharma A/S (NASDAQ:ASND) * Argenx SE (NASDAQ:ARGX) * Amicus Therapeutics, Inc. (NASDAQ:FOLD) * Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) * Natera, Inc. (NASDAQ:NTRA) * United Therapeutics Corporation (NASDAQ:UTHR) * Axsome Therapeutics Inc. (NASDAQ:AXSM) * 10 Key Stocks to Watch Over the Next Few Months Each of these healthcare stocks is backed by several analysts, enough to earn a "strong buy" consensus rating. Not to mention some pretty impressive upside potential is on the table. Let's dive right in. Ascendis Pharma (ASND) Source: Shutterstock The first of our healthcare stocks to buy is Ascendis Pharma. Using its cutting-edge TransCon technology, Ascendis optimizes the dosing capabilities of products that are already on the market. Following a recent Phase 2 data readout, several members of the Street are even more excited about this stock's long-term growth prospects. Writing for Oppenheimer, analyst Leland Gershell argues that the results clearly demonstrate TransCon PTH has the potential to be a "true replacement therapy in patients with hypoparathyroidism." In the 21µg/day arm, which was the highest dose, nine out of 15 patients met each of the primary and secondary composite endpoints. All patients were able to eliminate the standard of care (SOC). Adding to the good news, there was a positive effect on renal calcium resorption. Gershell added, "No severe or serious adverse events were recorded, nor was any hypocalcemia during titration off SOC. Hypercalcemia was observed in 2/15 (13%) in 21µg/day cohort w/o clinical sequelae. We would expect dose tailoring on an individual basis, as would occur in practice vs. trial's fixed dosing, to be supportive to safety." Looking forward to the initiation of Phase 3 in the fourth quarter, Gershell sees a large market opportunity, with the worldwide target market coming in at 200,000 and at 70,000-112,000 for the U.S. Taking all of this into consideration, Gershell decided to stay on the bulls' side. Along with his "outperform" call, he also bumped up the price target to $219, implying 71% upside potential. Out of nine total ratings, 100% were bullish, making ASND's Street consensus a "strong buy." See the ASND stock analysis. Argenx SE (ARGX) Source: Shutterstock When it comes to Argenx, there is certainly some overhang. Cowen analyst Yaron Werber points out that full year 2019 was solid for ARGX, but there's more to the story. Several competing FcRn-targeting drugs in the MG space, including Immunovant's IMVT-1401 and Momenta's M281, have upcoming data readouts. These candidates appear to be well-tolerated and have previously shown upwards of 70-80%+ knockdown of IgG. However, the Cowen analyst believes ARGX's lead candidate, efgartigimod, can go head-to-head with these other therapies. "We believe that ARGX's efgartigimod has a potentially best-in-class profile with a first mover advantage across several indications (MG, ITP, PV and CIDP) while offering both IV and SQ formulations. Efgartigimod is eying lucrative multi-billion dollar markets. Our peak $2.3 billion in sales is based on a peak 30% share in MG and ITP with a 75% probability of success. Approval in both segments offers attractive upside before even considering the potential in other indications," Werber commented. As autoimmune disorders like MG, ITP, PV and CIDP still have unmet needs because the current available options like steroids and immunosuppressants have poor tolerability and IVIg is expensive, inconvenient, and faces capacity constraints, favorable Phase 3 MG data in mid-2020 and the BLA filing in MG in Q4 2020 could drive substantial upside in 2020. To this end, Werber left an "outperform" rating and $191 price target on the stock. Should this target be met, a twelve-month gain of 31% could be in store. * 7 A-Rated REITs to Buy Now Does the rest of the Street think ARGX can outperform in the long run? As it turns out, other analysts say yes. Six "buys" compared to no "holds" or "sells" assigned in the last three months add up to a "strong buy" consensus rating. At $194.36, the average price target puts the upside potential at 34%. See the ARGX stock analysis. Amicus Therapeutics (FOLD) Source: Shutterstock Amicus Therapeutics specializes in developing better therapies to help patients suffering from ultra-orphan diseases, including lysosomal storage disorders (LSDs). As one of its lead programs has already been well received post-launch, one analyst believes the healthcare company's future is only getting brighter. Its oral pharmaco-chaperone drug, Galafold, for Fabry, generated hefty sales of $55.3 million in Q4 2019. Not only did this top-line number beat the Street's $49.7 million call, but it also surpassed Cowen analyst Ritu Baral's $50.5 million estimate. Not to mention this result represents 13% quarter-over-quarter growth. Even though FOLD had a net loss of $91 million during the quarter and SG&A expense gained 9% quarter-over-quarter, it should be noted that this was in part caused by the expanded geographic scope of the launch of Galafold into Japan and the U.S. Baral added, "FOLD projects YE20 Galafold sales of $250-$260 million that would represent 37-43% year-over-year growth. Projected growth assumes maturing uptake in the EU top 5 countries (market share changing from ERT-switch to ERT-naive) and continued rapid uptake in US and non-top 5 EU countries. FOLD expects to see commercial sales from Latin American countries in 2021 to further drive topline growth." To top it all off, GTx pipeline development is continuing. CLN6 follow-up and initial CLN3 data are both slated for the second half of 2020. It should come as no surprise, then, that Baral kept an "outperform" call and $31 price target on the stock. This conveys her confidence in FOLD's ability to soar 174% in the next year. As for the rest of the Street, other analysts are in agreement. With three "buys" and one "hold," the word on the Street is that the healthcare name is a "strong buy." Based on the $21.17 average price target, shares could climb 87% higher in the next twelve months. See the FOLD stock analysis. Iovance Biotherapeutics (IOVA) Source: Shutterstock Next up on this list of healthcare stocks to buy is Iovance Biotheraputics. With the goal of stomping out cancer, Iovance develops transformative immuno-oncology tumor-infiltrating lymphocytes (TIL) therapies that use the power of a patient's own immune system. After its collaborator, Moffitt Cancer Center, provided an update on the Phase 1 testing of TILs plus nivolumab in CKI-naive metastatic non-small-cell lung carcinoma (NSCLC) patients, the stock is on Wall Street's radar. In order to be eligible, patients needed to be anti-PD-1 naive and at least one safely accessible metastasis from where TILs were isolated had to be present. Looking at the data, the therapy was effective in 25% of patients, with two complete responses recorded. On top of this, the key analysis indicates that in order to spur a clinical response, TILs need to survive and circulate systematically. Further explaining this, H.C. Wainwright's Joseph Pantginis noted, "Importantly, the authors also demonstrated that neoantigen positive T cells represented 21% of total TIL clonotypes. Although TIL clonotype persistence declines with time in the blood of these patients, persistent and stable levels of infused T cells associated with higher tumor killing and response. Thus, we believe that methods to enrich for these TIL populations, such as Iovance's next generation TILs could be critical to drive better clinical responses." As NSCLC is a notoriously difficult indication to address, Pantginis argues that the results should be interpreted as a major positive. With this in mind, he left a "buy" rating on IOVA. Along with his bullish call, the analyst lifted the price target from $36 to $48. This brings the upside potential to 50%. * 10 Healthcare Stocks to Buy Despite the Headlines With 100% Street support, or nine "buy" ratings set in recent months, the consensus is unanimous: IOVA is a "strong buy." See the IOVA stock analysis. Natera (NTRA) Source: Shutterstock At the core of Natera's mission, it hopes its innovative technology will deliver highly accurate solutions for noninvasive prenatal testing (NIPT), genetic-carrier screening, (PGD/PGS) as well as miscarriage testing. With it handing out a preliminary Q1 beat, several analysts believe the sky's the limit when it comes to this name among healthcare stocks. According to the company's management, Q1 revenue is expected to come in around $89-91 million, which would reflect 33-36% year-over-year growth. Additionally, even though investors have expressed concern regarding rising levels of competition, uptake for its mobile phlebotomy service, which allows patients to provide blood samples from the safety of their own home, has been solid. Weighing in for Canaccord Genuity, analyst Max Masucci points out that during the COVID-19 pandemic, NTRA has actually been gaining market share. "NTRA's core reproductive health business provides an essential service to pregnant women, and we continue to expect pregnancy-related doc visits to decline less than routine primary care visits over the coming months …We were positively surprised to see a major commercial payor grant temporary coverage to an incremental 20 million average risk pregnancies (for NIPT), which we view as an important step in the right direction," he stated. It also doesn't hurt that the company has a pro-forma cash balance of about $650 million-plus thanks to its $250 million-plus convertible raise. All of the above prompted Masucci to keep his "buy" rating and $46 price target as is. Given this target, the upside potential lands at 31%. NTRA has received support from other Wall Street analysts as well. The stock has only "buy" ratings attached to it, three to be exact, and thus the analyst consensus is a "strong buy." At $46.33, the average price target is slightly more aggressive than Masucci's and implies 32% upside potential. See the NTRA stock analysis. United Therapeutics (UTHR) Source: Freestocks Via UnsplashPharmaceutical company United Therapeutics already has multiple therapies approved for the treatment of pulmonary arterial hypertension (PAH) and pediatric neuroblastoma. However, after a strong showing in its first quarter, the gains could still keep on coming for UTHR, making it another great option for healthcare stocks to buy. During the most recent quarter, net revenue came in at $356.3 million, surpassing the $344.3 million consensus estimate. GAAP EPS also exceeded expectations, with the figure landing at $3.12 compared to the Street's $2.74 call. The top and bottom-line beats were primarily driven by Remodulin's resilience to generic versions of treprostinil, with the drug contributing $145.3 million in Q1 sales. Not to mention Orenitram saw 18% year-over-year revenue growth. Looking specifically at its cash position, UTHR rounded out the quarter with a healthy balance of $2.41 billion. While some investors have sounded the alarm bells regarding COVID-19's effect on sales, Wedbush analyst Liana Moussatos argues that the impact might not actually be so profound. "Management commented that Q1 sales were not impacted by the COVID-19 pandemic, but observed a decrease in new prescriptions and new patient starts for treprostinil-based therapies (Remodulin, Tyvaso and Orenitram) in April 2020 primarily due to the inability of patients to visit the doctor's office physically. Due to our view that COVID-19 is likely only to have a transient decrease in Q2 revenues, we remain comfortable with our revenue projections for 2020," Moussatos explained. On top of this, multiple near-term catalysts are fast-approaching, including the submission of an sNDA to expand Tyvaso labeling, a discussion with the FDA about potential indication expansion for Unituxin in relapsed/refractory neuroblastoma, and the launch of the pharmacy-filled version of Remodulin's RemUnity system. Based on all of the above, it's no wonder Moussatos reiterated an "outperform" rating and $243 price target, which indicates 123% upside potential. * 7 Stocks to Buy Benefiting From Millennial Money In general, other Wall Street analysts take a similar approach when it comes to UTHR and other healthcare stocks. Out of seven total analysts that have thrown an opinion into the mix recently, six were bullish, making the consensus rating a "strong buy." See the UTHR stock analysis. Axsome Therapeutics (AXSM) Source: Shutterstock And just like that, Axsome Therapeutics has another blockbuster opportunity, making it a great option out of the healthcare stocks out there. The company, which develops therapies for patients suffering from central nervous system (CNS) disorders, announced on April 27 that AXS-05 had met the primary and secondary endpoints in the Phase 2b/3 ADVANCE-1 trial testing the drug in patients experiencing agitation related to Alzheimer's disease (AD), the most common form of dementia. Compared to the placebo, AXS-05 was able to rapidly, substantially, and significantly improve agitation. Commenting on the results, H.C. Wainwright analyst Raghuram Selvaraju noted, "We believe that regulators in multiple territories ought to view these data favorably, particularly in light of the rapid onset of action and robust treatment effect. Furthermore, we expect that any confirmatory trial in this indication would not need to include an active comparator arm." It should be noted that currently, no FDA-approved treatments are available for AD agitation. In addition, agitation is seen in up to 70% of AD sufferers and is associated with accelerated cognitive decline, earlier nursing home placement and increased mortality risk. Given the high unmet medical need, the candidate has been granted FDA Fast Track designation. Thanks to this huge market opportunity, Selvaraju believes AXSM is well positioned for hefty gains. Along with his bullish call, he increased the price target to $210. This brings the upside potential to 133%. The rest of the Street doesn't beg to differ. With six "buys" compared to zero "holds" or "sells," the consensus is unanimous: AXSM is a "strong buy." While less aggressive than Selvaraju's, the $142.80 average price target still leaves room for 58% upside potential. See the AXSM stock analysis. TipRanks offers investors the latest insight into eight different sectors by tracking the activity of over 5,000 Wall Street analysts. As of this writing, Maya Sasson did not hold a position in any of the aforementioned securities. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 7 "Strong Buy" Healthcare Stocks to Buy Now appeared first on InvestorPlace.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Amicus Therapeutics (FOLD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Amicus Therapeutics (FOLD) a global, patient-dedicated biotechnology company focused on discovering, developing and delivering novel medicines for rare diseases today announced the acceptance of several abstracts for presentation at the American Society of Gene & Cell Therapy 23rd Annual Meeting being held virtually on May 12 – 15. Preclinical data from its Pompe gene therapy program, which Amicus is developing with the Gene Therapy Program of the Perelman School of Medicine at the University of Pennsylvania, will be presented as an oral presentation.
Q1 2020 Amicus Therapeutics Inc Earnings Call