Oppenheimer Thinks Evaxion Biotech’s Stock is Going to Recover

Oppenheimer analyst Kevin DeGeeter maintained a Buy rating on Evaxion Biotech (EVAXResearch Report) today and set a price target of $18.00. The company’s shares closed last Tuesday at $5.29, close to its 52-week low of $5.16.

According to TipRanks.com, DeGeeter is a top 100 analyst with an average return of 52.8% and a 54.2% success rate. DeGeeter covers the Healthcare sector, focusing on stocks such as Rocket Pharmaceuticals, Sensei Biotherapeutics, and Taysha Gene Therapies.

Currently, the analyst consensus on Evaxion Biotech is a Moderate Buy with an average price target of $18.00.

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Evaxion Biotech AS is an artificial intelligence immunology platform company. It uses proprietary AI technology, engineering expertise and drug development know-how to simulate the human immune system and generate predictive models to identify and develop efficacious immunotherapies for patients in the global market.