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Watchlist Update: 8-26 - IOVA - Iovance Bio - Analyst Comments

TIGER'S TAKE:  On our watch list/trading list. This is a good longer-term biotech buy, also good for playing/trading dips and peaks. The price target here calls for a 50%+ rise in the stock.   $IOVA


Iovance pullback brings buying opportunity, says Jefferies

Jefferies analyst Biren Amin views the recent pullback in shares of Iovance Biotherapeutics as a buying opportunity into the end of 2019. After meeting with management, the analyst believes the melanoma and cervical pivotal cohorts appear to be enrolling patients with Iovance on track toward finishing patient enrollment in the melanoma study in Q1 of 2020. He thinks there is some likelihood of data at SITC in November and keeps a Buy rating on the shares with a $33 price target.

Source: (thefly.com)


$IOVA, Iovance Biotherapeutics, Inc. / H1


Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal.

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