BUZZ-Novavax climbs as B. Riley raises PT

Reuters05-24

May 23 (Reuters) - ** Shares of vaccine maker Novavax edge up ~0.4% to $15.70

** Brokerage B. Riley raises PT to $29 from $11

** New PT represents ~84% upside to stock's last close of $46.76

** Out of 6 analysts covering NVAX stock, 3 rate "buy" or higher, 3 "hold"; median PT of $19 - LSEG

** Including session's move, stock is up ~229.3% YTD

(Reporting by Jaiveer Singh Shekhawat in Bengaluru)

((JaiveerSingh.Shekhawat@thomsonreuters.com;))

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