Arvinas Inc (NASDAQ: ARVN ) reported downbeat results for the first quarter on Tuesday .
The company posted quarterly losses of 90 cents per share which missed the analyst consensus estimate of losses of 87 cents per share. The company reported quarterly sales of $15.600 million which missed the analyst consensus estimate of $18.097 million.
Arvinas shares rose 1.7% to trade at $9.74 on Wednesday.
These analysts made changes to their price targets on Arvinas following earnings announcement.
BTIG analyst Jeet Mukherjee maintained Arvinas with a Buy and raised the price target from $16 to $18. Barclays analyst Etzer Darout maintained the stock with an Overweight rating and raised the price target from $18 to $20.Considering buying ARVN stock? Here’s what analysts think:
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Posted In: Earnings News Price Target Markets Analyst Ratings Trading Ideas PT Changes