Raymond James downgraded Fusion Pharmaceuticals (FUSN) to Market Perform from Strong Buy with a price target of $21, up from $16. The AstraZeneca (AZN) deal announcement represents another win for the radiopharma space and an invitation to the large and growing collection of radioligand developers to aggressively pursue their programs, the analyst tells investors in a research note.
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- Fusion Pharmaceuticals downgraded to Market Perform from Outperform at Leerink
- Fusion Pharmaceuticals to be acquired by AstraZeneca in $2.4B transaction
- Fusion Pharmaceuticals to be Acquired by AstraZeneca, Accelerating Development of Next-Generation Radioconjugates to Treat Cancer
