Cantor Fitzgerald Maintains Bullish Outlook on Vaxcyte Amid Clinical Progress
Cantor Fitzgerald has reaffirmed its Overweight recommendation for Vaxcyte, a vaccine development company currently valued at $7.05 billion. Despite a nearly 48% rise in stock price over six months, the company remains unprofitable with a diluted EPS of -$4.84 over the past year. The firm’s positive stance is driven by ongoing clinical trials progr…