Global Statistics

All countries
41,593,397
Confirmed
Updated on October 22, 2020 1:25 pm
All countries
30,478,224
Recovered
Updated on October 22, 2020 1:25 pm
All countries
1,137,876
Deaths
Updated on October 22, 2020 1:25 pm

Global Statistics

All countries
41,593,397
Confirmed
Updated on October 22, 2020 1:25 pm
All countries
30,478,224
Recovered
Updated on October 22, 2020 1:25 pm
All countries
1,137,876
Deaths
Updated on October 22, 2020 1:25 pm

Moderna’s COVID-19 Vaccine Potential Taking Shape

Grand Jury Deliberations in Breonna Taylor Case Will Be Released

U.S.|Grand Juror in Breonna Taylor Case Says Deliberations Were MisrepresentedThe Kentucky attorney general’s office said it would release the panel’s recordings after a grand juror contended in a court filing that its discussions were inaccurately characterized.Breonna Taylor's family and the lawyer Ben Crump, right, said the charges a Kentucky grand jury agreed upon in the…

Video shows alleged ballot harvesting in Ilhan Omar’s district

Fox News Back to Top ©2020 FOX News Network, LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. All market data delayed 20 minutes. New Privacy Policy - New Terms of Use (What's New) - FAQ

A Once-in-a-Century Climate ‘Anomaly’ Might Have Made World War I Even Deadlier

(John Finney Photography/Moment/Getty Images) An abnormally bad season of weather may have had a significant impact on the death toll from both World War I and the 1918 Spanish flu pandemic, according to new research, with many more lives being lost due to torrential rain and plummeting temperatures. Through a detailed analysis of an ice…

Sean Hannity claims Dems ‘put all their eggs in the debate basket’ ahead of first Biden-Trump showdown

Joe Biden's campaign has "put all their eggs in the debate basket" after the Democratic nominee kept a low profile for much of the summer, Sean Hannity claimed Monday.“I believe his campaign team – they are seeing what we all see,” said the “Hannity” host, who noted that the former vice president's campaign wrapped up its public events…

Tucker: Amy Coney Barrett ‘represents everything that made this a great country,’ so Dems ‘despise her’

Supreme Court nominee Judge Amy Coney Barrett is causing an uproar among Democrats and according to Tucker Carlson, her happy family is what’s driving them crazy.“Democrats know Amy Coney Barrett’s life refutes the lies they have pushed on the rest of us for decades, [so] they must destroy her personally,” the “Tucker Carlson Tonight” host said…
MRNA) hosted a virtual vaccines day in which management as well as infectious disease (ID) key opinion leaders (KOLs) highlighted scientific, regulatory and commercial considerations related to Moderna’s vaccine programs, including its experimental vaccine against COVID-19, mRNA-1273. With respect to this candidate, Moderna expects to have initial Phase 1 immunogenicity data in the summer, and then to progress quickly into Phase 2. After a dose has been selected, Phase 2b/3 studies are slated to kick off in the fall.” data-reactid=”13″ type=”text”>On Tuesday, Moderna (MRNA) hosted a virtual vaccines day in which management as well as infectious disease (ID) key opinion leaders (KOLs) highlighted scientific, regulatory and commercial considerations related to Moderna’s vaccine programs, including its experimental vaccine against COVID-19, mRNA-1273. With respect to this candidate, Moderna expects to have initial Phase 1 immunogenicity data in the summer, and then to progress quickly into Phase 2. After a dose has been selected, Phase 2b/3 studies are slated to kick off in the fall.

Weighing in for Chardan Capital, analyst Geulah Livshits cites several takeaways from the discussion that played into her bullish thesis. There are advantages to using an mRNA approach including ease of design, natural antigen expression, triggering of both B and T cell responses, activity at lower doses (vs. DNA vaccines) and cell-free standardized manufacturing. In addition, Moderna is ramping up its manufacturing might.

It should be noted that the KOLs pointed out there’s a high level of uncertainty when it comes to SARS-CoV-2 immunity.

“If…immunity is durable or recovered patients only experience mild disease upon re-infection, the long-term need for a SARS-CoV-2 vaccine could be limited, and the majority of commercial potential (if any) could come from stockpiling in 2021-22. We believe Moderna is relatively well-positioned in either scenario (if mRNA-1273 shows efficacy) given the company’s accelerated clinical timeline,” Livshits explained.

As a result, the analyst kept a Buy rating and $40 price target on the stock. (To watch Livshits’ track record, click here)

Meanwhile, Oppenheimer’s Hartaj Singh believes its mRNA-1647 candidate in cytomegalovirus (CMV) represents a major point of strength for the company.

“While mRNA-1273’s nearer-term impact to the investment thesis is significant, we remain bullish on substantial opportunity from mRNA-1647 in CMV and the remainder of the core prophylactic vaccine portfolio. The complexity of CMV and its devastating morbidity/mortality to sub-populations are features of the unmet need that could uniquely be served by mRNA-1647’s approach,” the analyst stated.

If that wasn’t enough, interim Phase 1b data for its experimental Zika vaccine, mRNA-1893, demonstrated positive results.

Based on everything that MRNA has going for it, Singh not only reiterated an Outperform call, but also bumped up the price target from $31 to $43. This new target implies shares could surge 15% in the next year. (To watch Singh’s track record, click here)

Looking at the consensus breakdown, 8 Buys and 1 Hold issued in the last three months add up to a Strong Buy analyst consensus. (See Moderna stock analysis on TipRanks)

To find good ideas for coronavirus stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

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Hot Topics

Grand Jury Deliberations in Breonna Taylor Case Will Be Released

U.S.|Grand Juror in Breonna Taylor Case Says Deliberations Were MisrepresentedThe Kentucky attorney general’s office said it would release the panel’s recordings after a grand juror contended in a court filing that its discussions were inaccurately characterized.Breonna Taylor's family and the lawyer Ben Crump, right, said the charges a Kentucky grand jury agreed upon in the…

Video shows alleged ballot harvesting in Ilhan Omar’s district

Fox News Back to Top ©2020 FOX News Network, LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. All market data delayed 20 minutes. New Privacy Policy - New Terms of Use (What's New) - FAQ

A Once-in-a-Century Climate ‘Anomaly’ Might Have Made World War I Even Deadlier

(John Finney Photography/Moment/Getty Images) An abnormally bad season of weather may have had a significant impact on the death toll from both World War I and the 1918 Spanish flu pandemic, according to new research, with many more lives being lost due to torrential rain and plummeting temperatures. Through a detailed analysis of an ice…

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Tucker: Amy Coney Barrett ‘represents everything that made this a great country,’ so Dems ‘despise her’

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Fox News Back to Top ©2020 FOX News Network, LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. All market data delayed 20 minutes. New Privacy Policy - New Terms of Use (What's New) - FAQ

A Once-in-a-Century Climate ‘Anomaly’ Might Have Made World War I Even Deadlier

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