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Biotech / Medical : Immunomedics (IMMU) - moderated

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Recommended by:
rodneyh07
To: plhky3465 who wrote (62966)12/11/2024 12:51:28 PM
From: galt1 Recommendation   of 63307
 
IMO, macro economic environment changing, going forward, with declining interest rates making for cheaper dollars, leverage, etc. and with anticipated loosening of lending criteria, regulations, etc. with the new party in Washington. IMO, inflation will counter this IF tariffs are real and not a bluff. Not sure, but fairly sure that the M&A environment will be very brisk in 2025. IMO, AUPH will gladly jump at offers in the high teens or more.
Seems to me that fair value is 20'ish given comps. Happy Holidays. Nice to see this sleeping one trick pony come alive. Best
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