Nektar price target raised to $44 from $27 at JPMorgan JPMorgan analyst Jessica Fye raised her price target for Nektar Therapeutics to $44 saying she views the company's STIC data as a "win" given the "encouraging response rates" in both PD-L1 positive and negative patients. The analyst sees increased potential for Nektar to access the large lung market and raised her probability of success to 45% and peak sales for NKTR-214 to $4B. Fye keeps an Overweight rating on Nektar.
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