Piper Sandler has decided to maintain its Overweight rating of argenx ARGX and raise its price target from $415.00 to $425.00.
Shares of argenx are trading up 1.84% over the last 24 hours, at $363.29 per share.
A move to $425.00 would account for a 16.99% increase from the current share price.
argenx SE is a clinical stage biotechnology company. It is engaged in the business of developing a pipeline of differentiated antibody-based therapies for the treatment of severe autoimmune diseases and cancer. Its product pipeline includes product candidates such as ARGX-111, ARGX-109, ARGX-115, ARGX-112, and others. The company operates in the Netherlands, Germany, Denmark, Belgium, Switzerland, the United States, and Luxembourg. It derives the majority of its revenues from Switzerland.
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