Movement Alert|Moderna, Inc. Rises 3.03% in Pre-Market Trading, Cancer Vaccine Phase 3 Success and Analyst Upgrades Continue to Fuel Rally

Market Focus
09/21

On September 21, Moderna, Inc. rose 3.03% in pre-market trading, trading at $158.70 USD/share, with turnover of $16.71 million, extending its recent strong momentum.

The sustained rally is primarily driven by the landmark Phase 3 INTerpath-001 trial results for intismeran autogene, the personalized mRNA cancer vaccine co-developed with Merck. The therapy demonstrated statistically significant improvements in both recurrence-free survival and distant metastasis-free survival, marking the world's first mRNA cancer therapy to achieve positive results in a randomized Phase 3 trial, with no new safety concerns identified. The milestone data has propelled Moderna shares to more than double over the past month.

Multiple institutions have since upgraded their outlooks. Argus Research raised Moderna to Buy with a $180 price target, while Berenberg lifted its target to $100 and Barclays adjusted to $125. UBS highlighted three upcoming individualized neoantigen therapy data readouts as additional near-term catalysts, maintaining a $150 target. Meanwhile, the company completed a $2.6 billion convertible senior notes offering to fund its expanding oncology business.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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