Morphic Holding, Inc.

Equities

MORF

US61775R1059

Biotechnology & Medical Research

Market Closed - Nasdaq 01:30:00 16/07/2024 am IST 5-day change 1st Jan Change
55.93 USD +0.27% Intraday chart for Morphic Holding, Inc. +0.34% +93.66%

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Jefferies Downgrades Morphic Holding to Hold From Buy, Price Target is $57 MT
Morphic Holding Insider Sold Shares Worth $1,689,178, According to a Recent SEC Filing MT
Morphic Holding Insider Sold Shares Worth $1,204,075, According to a Recent SEC Filing MT
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BMO Capital Downgrades Morphic Holding to Market Perform From Outperform, Raises Price Target to $57 From $52 MT
Canaccord Genuity Downgrades Morphic Holding to Hold From Buy, Cuts Price Target to $57 From $66 MT
TD Cowen Downgrades Morphic Holding to Hold From Buy MT
RBC Downgrades Morphic Holding to Sector Perform From Outperform, Removes Speculative Risk, Cuts Price Target to $57 From $70 Amid Lilly Deal MT
S&P 500, Nasdaq Extend Record Closing Runs MT
S&P 500, Nasdaq Extend Record High Closing Runs MT
US Equities Markets End Mixed as Investors Await Inflation Data MT
Sector Update: Health Care Stocks Softer Late Afternoon MT
Sector Update: Health Care Stocks Mixed in Afternoon Trading MT
Sector Update: Health Care MT
Equities Mixed Intraday as Markets Parse Inflation Survey MT
Top Midday Gainers MT
Nasdaq Rises to New High in Midday Monday Trading Ahead of This Week's Powell Testimony, Inflation Report MT
Eli Lilly to Acquire Morphic for $3.2 Billion in Cash; Morphic Shares Jump MT
Morphic Holding Shares Take Flight on Acquisition by Eli Lilly DJ
Sector Update: Health Care Stocks Edge Higher Premarket Monday MT
Eli Lilly Strikes $3.2 Billion Deal to Acquire Morphic MT
Traders Eye This Week's Powell Testimony, Inflation Report as US Equity Futures Waver Pre-Bell MT
Sector Update: Health Care MT
Eli Lilly to Buy Biopharma Group Morphic for $3.2 Billion MT
Top Premarket Gainers MT
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Morphic Holding, Inc. is a biopharmaceutical company. The Company is engaged in discovering and developing a pipeline of potentially oral small molecule integrin therapeutics for the treatment of serious chronic diseases, including autoimmune, cardiovascular and metabolic diseases, fibrosis and cancer. The Company’s Morphic integrin technology platform (MInT Platform) helps to develop product candidates designed to achieve the potency, high selectivity and pharmaceutical properties required for oral administration. The Company is advancing its pipeline, including its lead product candidate, MORF-057, an orally administered a4b7-specific integrin inhibitor affecting inflammation, into clinical development for the treatment of inflammatory bowel disease (IBD). It has also developed avb6-specific integrin inhibitors for the treatment of fibrotic diseases including idiopathic pulmonary fibrosis (IPF) and additional indications.
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
55.93 USD
Average target price
53.5 USD
Spread / Average Target
-4.34%
Consensus