BioNTech a buy at Wainwright, but price target lowered on long-term vaccine sales

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BioNTech a buy at Wainwright, but price target lowered on long-term vaccine sales

seekingalpha2022-02-24

Thomas Lohnes/Getty Images News H.C. Wainwright is maintaining its buy rating on BioNTech (BNTX -3.5%), but is lowering its price target due to concerns on long-term sales of the company's COVID-19 ...

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Wainwright is maintaining its buy rating on BioNTech (BNTX -3.5%), but is lowering its price target due to concerns on long-term sales of the company's COVID-19 ...</p>\n\n<a href=\"https://seekingalpha.com/news/3804324-biontech-a-buy-at-wainwright-but-price-target-lowered-on-long-term-vaccine-sales\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BioNTech a buy at Wainwright, but price target lowered on long-term vaccine sales</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBioNTech a buy at Wainwright, but price target lowered on long-term vaccine sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-24 01:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3804324-biontech-a-buy-at-wainwright-but-price-target-lowered-on-long-term-vaccine-sales><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thomas Lohnes/Getty Images News   H.C. Wainwright is maintaining its buy rating on BioNTech (BNTX -3.5%), but is lowering its price target due to concerns on long-term sales of the company's COVID-19 ...</p>\n\n<a href=\"https://seekingalpha.com/news/3804324-biontech-a-buy-at-wainwright-but-price-target-lowered-on-long-term-vaccine-sales\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BNTX","symbol_name":"BioNTech SE","start_time":0,"source_url":"https://seekingalpha.com/news/3804324-biontech-a-buy-at-wainwright-but-price-target-lowered-on-long-term-vaccine-sales","article_id":"2213875992","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2213875992","pubTimestamp":1645636541,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Thomas Lohnes/Getty Images News   H.C. 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The firm now has a price target of $339, down from $366 (~126% upside based on Tuesday's close). \"While we believe that continuing expansion of vaccine authorizations into younger populations, the continued deployment of booster vaccines due to waning anti-SARSCoV-2 vaccine-induced immunity over time, and the possible near-term availability of an Omicron-specific vaccine may all buoy vaccine sales near-term, the possibility of transition to endemic status for the COVID-19 pandemic poses a long-term risk to the Comirnaty franchise because this may reduce population willingness to endure frequent vaccine shots,\" said analyst Robert Burns. While the demand for the shots, which are marketed with partner Pfizer (PFE -0.4%), may still persist as the pandemic enters the endemic stage, it could became substantially lower, he added. 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