BMO Outperform initiation and director insider buy lift ASND
- BMO Capital Markets initiated coverage Aug 18 with Outperform rating and $319 PT
- Director Jean-Jacques Bienaimé bought 2,000 shares Aug 14 (~$493K at $246.33)
- Disclosure and tweets about insider purchase gained traction on Aug 19
- Builds on Q2 earnings (Aug 13) showing 105% Y/Y product revenue growth to €315M
- Recent RBC note highlighted solid Yorvipath results and strong Yuviwel launch
- ASND closed Aug 18 at $248.85; move adds ~$6.15/share on positive sentiment
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