H.C. Wainwright reiterates Halozyme stock rating on Takeda trial data
H.C. Wainwright reiterated a Buy rating and $130 price target for Halozyme (HALO) after Takeda's trial data showed its immunoglobulin treatment reduced infusion times. The stock is near its 52-week high, up 82% in a year. Halozyme also completed a $1.5B convertible notes offering and won a patent case against Merck. The FDA approved a cancer treatment using Halozyme's technology.
