Cantor Fitzgerald analyst Alethia Young reiterated a Buy rating on Xencor Inc (XNCR) today and set a price target of $40. The company’s shares opened today at $32.50. Young commented: “. We reiterate our Overweight rating and $40 price target. We think Xencor’s collaboration and license agreement with Astellas (ALPMF, NC) marks another source of […]
With a net worth of about $1 billion, Robert Citrone is at the helm of Discovery Capital Management (DMC), a hedge fund with a portfolio value of nearly $1.7 billion. Before launching DCM, Citrone worked as a portfolio manager at Tiger Management and is known as a “Tiger Cub.” Citrone is a graduate of the […]
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Italy wants to become fully independent from Russian gas within two years, the country’s Minister of Ecological Transition, Roberto Cingolani, told the media on Monday. “We import 29 billion cubic meters of gas from Russia. These must be replaced”, Agenzia Italia quotes the minister. According to Cingolani, Italy has taken emergency measures to replace half…
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