BioNTech SE - ADR (NASDAQ:BNTX) shares are trading lower by 12.6% at $364 Wednesday morning after findings from a recent Mayo Clinic study showed competitor Moderna's COVID-19 vaccine could possibly be more effective against the Delta variant.
Before the market open Wednesday, Bryan Garnier analyst Olga Smolentseva upgraded BioNTech Wednesday from Neutral to Buy and announced a $451 price target.
HC Wainwright & Co. analyst Robert Burns maintained BioNTech with a Neutral and raised the price target from $194 to $330.
BioNTech has a 52-week high of $464 and a 52-week low of $54.10.
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