Transgene: Invest Securities reduces its target


(CercleFinance.com) – Invest Securities confirms its buy rating on Transgene shares, with a price target reduced from 5.7 to 5.4 euros.

The analyst firm reports that the company has presented a 2023 plan punctuated by several catalysts that should reinforce the first results announced in most of their clinical programs.

In particular, two clinical trials potentially opening the way to registration are planned in the short term in the therapeutic vaccine franchise.

‘2023 should be a year of consolidation, with 2024 shaping up to be the year of proof of concept’, says the analyst.

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