Moderna price target lowered to $33 from $40 at JPMorgan

From Yahoo Finance: 2025-03-22 09:37:00

JPMorgan analyst Jessica Fye lowered Moderna’s price target to $33 from $40, citing more conservative RSV and influenza estimates. The firm now models 2025 RSV sales at $148M, versus a prior estimate of $210M. For FY25, total revenue is now estimated at $2.1B, slightly above consensus and guidance midpoint.

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Read more: Moderna price target lowered to $33 from $40 at JPMorgan