May. 12 at 7:08 PM
Guggenheim y'day🏁
$ELVN Buy;
$80—its PT is supported by conservative assumptions for ELVN-001 (75% PoS in 2L CML, 50% peak shr, 25% PoS in 1L CML, 20% peak shr)=
$2.9B risk-adj'd US peak sales in 2043—up to
$5B peak.
TERN -
$MRK $NVS
Here's what Guggenheim said in its initiation report: https://x.com/Quantumup1/status/2054276939058176483?s=20
