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Goldman Sachs Keeps Their Buy Rating on Legend Biotech (LEGN)

Tipranks - Fri Jan 23, 6:24AM CST

In a report released today, from Goldman Sachs maintained a Buy rating on Legend Biotech, with a price target of $56.46.

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In addition to Goldman Sachs, Legend Biotech also received a Buy from H.C. Wainwright’s Mitchell Kapoor in a report issued today. However, on the same day, TipRanks – Google reiterated a Hold rating on Legend Biotech (NASDAQ: LEGN).

Based on Legend Biotech’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $272.33 million and a GAAP net loss of $39.69 million. In comparison, last year the company earned a revenue of $160.21 million and had a GAAP net loss of $125.32 million

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