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Wednesday, December 23, 2020

Arcturus Therapeutics double downgraded to sell by Roth

 

  • Arcturus Therapeutics (ARCT -10.3%) price affected after double downgraded after Roth Capital analyst Elemer Piros to Sell from Buy.
  • While there could be a number of advantages to Arcturus' Covid vaccine, including a lower dose, potential single dose and storage advantage, the efficacy bar is 'significant' at over 90%, Piros tells investors in a research note.
  • Price target unchanged $77.
  • With the stock now significantly above the price target, the analyst downgrades Arcturus to Sell pending further information on the vaccine program.
  • https://seekingalpha.com/news/3647070-arcturus-therapeutics-double-downgraded-to-sell-roth-capital-stock-slumps-11

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