UBS Maintains Neutral on Asbury Automotive Group, Lowers Price Target to $193
UBS analyst Joseph Spak maintains Asbury Automotive Group (NYSE:ABG) with a Neutral and lowers the price target from $250 to $193.
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U.S. stocks mixed; Dow up ~200 points. Penske Automotive surged on a $16.3B go-private deal, while OPKO, Ericsson and others rallied.
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UBS analyst Joseph Spak maintains Asbury Automotive Group (NYSE:ABG) with a Neutral and lowers the price target from $250 to $193.
JP Morgan analyst Rajat Gupta maintains Asbury Automotive Group (NYSE:ABG) with a Underweight and lowers the price target from $190 to $185.
Barclays analyst John Babcock maintains Asbury Automotive Group (NYSE:ABG) with a Equal-Weight and lowers the price target from $265 to $230.
Adlai Nortye announced clinical trial collaboration and supply agreements with Eli Lilly and Merck KGaA, Darmstadt, Germany to evaluate AN4035, a first-in-class pan-RAS(ON) inhibitor-based ADC, in combination with cetuximab in an ongoing global Phase I trial for CEACAM5-enriched RAS-addicted solid tumors. Both companies will supply cetuximab at no cost for their respective trial sites.
These agreements will support Adlai Nortye’s ongoing Phase I trial evaluating AN4035, a pan-RAS(ON) inhibitor-based ADC, both as monotherapy and in combination with cetuximab, in CEACAM5-enriched RAS-addicted solid