TD Cowen lowered the firm’s price target on Novavax (NVAX) to $9 from $14 and keeps a Hold rating on the shares. The firm said the FDA lifted its clinical hold on its COVID/flu combo and ...
Novavax received clearance from the FDA to move forward with phase 3 clinical trials for its COVID-19-influenza combination (CIC) and standalone influenza vaccines. The FDA lifted a clinical ...
Another factor influencing the rating is the uncertainty surrounding Novavax’s pipeline developments, particularly the phase 3 CIC program, which has faced delays due to a clinical hold by the FDA ...