- Deutsche Bank analyst Christopher Barnes initiated coverage of Local Bounti Corp (NYSE:LOCL) with a Buy rating and $9 price target, implying a 25.6% upside.
- The analyst sees Local as a well-positioned controlled environment agriculture company “capable of disrupting the traditionally grown leafy greens value chain.”
- He notes the company is “on the cusp” of a multi-year revenue growth opportunity.
- Price Action: LOCL shares are trading higher by 2.36% at $7.17 on the last check Tuesday.
Bristol Myers Squibb Reports FDA Has Extended Review Of New Drug Application for Mavacamten To Apr. 28, 2022
Bristol Myers Squibb (NYSE:BMY) today announced that the U.S. Food and Drug Administration (FDA) has extended the review of the New Drug Application (NDA) for mavacamten for the treatment of patients with symptomatic