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(CercleFinance.com) – Oddo BHF maintains its ‘outperformance’ recommendation on Quantum Genomics, but adjusts its price target from 12 to 10.5 euros, after the publication on Friday by the biotechnology company of the results of the QUORUM study .

‘The efficacy of firibastat is equivalent to ramipril in heart failure, but shows greater efficacy in severe patients, safety in use and anti-hypertensive action’, summarizes the analyst in charge of the dossier.

The design office reduced its price target for the title by lowering its peak sales in the indication, from 1.2 billion to 822 million euros for marketing in 2026 (against 2025), and a POS maintained at 30%.

This analysis was prepared by Cercle Finance and disseminated by BOURSORAMA on 08/30/2021 at 09:45:00.

Acting exclusively as a distribution channel, BOURSORAMA did not participate in any way in its development nor exercised any discretionary power with respect to its selection. The information contained in this analysis has been transcribed “as is”, without any representation or warranty of any kind. The opinions or estimates expressed therein are those of its authors and do not reflect the point of view of BOURSORAMA. Subject to applicable laws, neither the information contained nor the analyzes expressed therein can engage BOURSORAMA’s responsibility. The content of the analysis made available by BOURSORAMA is provided for information only and has no contractual value. It thus constitutes a simple decision aid over which the user retains absolute control.

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Ref: https://www.boursorama.com