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Benzinga

Business

Priya Nigam

RARE PHOTOS: Why nektar shares are down almost 35 | Vintage Vibes

Nektar BofA Securities Nasdaq Nektar rapeutics

Shares of Nektar Therapeutics (NASDAQ:NKTR) have come under pressure after the company “announced the discontinuation of the remaining clinical development programs of bempeg + nivo (Opdivo) in collaboration with Bristo,” according to BofA Securities.

The Nektar Therapeutics Analyst: Greg Harrison reiterated an Underperform rating for Nektar Therapeutics while reducing the price target from $6 to $5.

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