CDMOP
Sector Update: Health Care Health care stocks rose late Tuesday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) increasing 0.4%.The iShares Biotechnology ETF (IBB) gained 0.2%.In corporate news, Avid Bioservices (CDMO) shares jumped 17% as RBC Capital Markets raised its price target to $12 from $8 after the company's bookings topped estimates.
时间：2024-09-11 03:26:23 市场： 美股 综合
Avid Bioservices Shares Jump as RBC Boosts Price Target After Bookings Beat Avid Bioservices (CDMO) shares jumped 19% in recent Tuesday trading as RBC Capital Markets raised its price target to $12 from $8 after the company's bookings topped the analyst's estimate.Bookings in fiscal Q1 at $66 million beat RBC's forecast of $36 million, the company's results showed Monday. "Improving bookings momentum" spurred the higher price target, RBS said, affirming its outperform rating on the stock.The company reiterated revenue guidance for fiscal 2025 of $160 million to $168 million, supported by growing bookings and backlog standing at $219 million, RBC said.Price: 10.62, Change: +1.67, Percent Change: +18.66
时间：2024-09-11 02:21:08 市场： 美股 综合