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JP Morgan Initiates Coverage On Avid Technology with Overweight Rating, Announces Price Target of $33

JP Morgan analyst Paul Chung initiates coverage on Avid Technology (NASDAQ:AVID) with a Overweight rating and announces Price Target of $33.
byBenzinga Newsdesk
July 6, 2022
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JP Morgan analyst Paul Chung initiates coverage on Avid Technology (NASDAQ:AVID) with a Overweight rating and announces Price Target of $33.

 
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Sanofi Reported Earlier: Completed XTEND-Kids Phase 3 Study Strengthens Potential Of ALTUVIIIOTM To Redefine Expectations For Treatment Of Children <12 Years Of Age With Hemophilia A; Study Met Primary Endpoint Of Safety

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The XTEND-Kids phase 3 pivotal study evaluating the safety, efficacy and pharmacokinetics of ALTUVIIIO as once-weekly prophylaxis in previously treated patients <12 years of age with severe hemophilia A met its primary endpoint of safety, with no FVIII inhibitors detected in 74 children, with more than 50 children experiencing at least 50 exposure days, nearly a full year of treatment.

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