Astrazeneca's Drug Pipeline Looks Full Despite Wainua Setback

Dow Jones

07/13

1258 GMT - AstraZeneca's drug pipeline is full and diversified, and the market reaction to the failure of its Wainua drug in a late-stage trial for a heart condition looks overdone, Berenberg analysts say in a research note. The U.K. drugmaker is on track for its 2030 revenue target and low expectations on upcoming trial results skew the risk-reward profile to the upside, the analysts say. Berenberg cuts its price target on AstraZeneca to 160 pounds from 170 pounds, citing the Wainua setback and a reduced premium on its research-and-development operations, but says the stock offers top-tier growth at an attractive valuation. Shares fall 1.3% to 126.68 pounds. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

July 13, 2026 08:58 ET (12:58 GMT)

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The U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. drugmaker is on track for its 2030 revenue target and low expectations on upcoming trial results skew the risk-reward profile to the upside, the analysts say. Berenberg cuts its price target on AstraZeneca to 160 pounds from 170 pounds, citing the Wainua setback and a reduced premium on its research-and-development operations, but says the stock offers top-tier growth at an attractive valuation. Shares fall 1.3% to 126.68 pounds. (adria.calatayud@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 13, 2026 08:58 ET (12:58 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2417539215.USD","symbol_name":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2651143131","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2651143131","pubTimestamp":1783947480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1258 GMT - AstraZeneca's drug pipeline is full and diversified, and the market reaction to the failure of its Wainua drug in a late-stage trial for a heart condition looks overdone, Berenberg analysts say in a research note. 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