Why BioNTech Stock Soared Today
BioNTech (NASDAQ: BNTX), one of the companies made famous for its role developing vaccines with (NYSE: PFE) during the COVID-19 pandemic, soared 20.2% through 12:50 p.m. Monday on news entirely unrelated to COVID.
The German biotech announced this morning it is partnering with pharmaceuticals giant Bristol Myers Squibb (NYSE: BMY) to "co-develop and co-commercialize" BioNTech's drug candidate BNT327 as an immunotherapy against multiple kinds of cancer.
Image source: Getty Images.
Source Fool.com
Pfizer Inc. Stock
€22.69
4.220%
We see a rather positive sentiment for Pfizer Inc. with 13 Buy predictions and 2 Sell predictions.
As a result the target price of 27 € shows a slightly positive potential of 19.02% compared to the current price of 22.69 € for Pfizer Inc..
