Truist Securities lowers Genmab stock price target to $48 on GEN1042 shelving
NegativeFinancial Markets

Truist Securities lowers Genmab stock price target to $48 on GEN1042 shelving
Truist Securities has lowered its price target for Genmab's stock to $48 following the shelving of the GEN1042 project. This decision reflects concerns about the company's future growth prospects and the impact of this setback on its pipeline. Investors are likely to be cautious as they assess how this development will affect Genmab's overall performance in the competitive biotech landscape.
— via World Pulse Now AI Editorial System





