BMO Cuts PT on BioNTech to $128, Citing Uncertainty Ahead of Key Data
ByAinvest
Tuesday, Mar 31, 2026 11:10 am ET1min read
BNTX--
BMO Capital cut its price target on BioNTech SE (BNTX) to $128 from $143 and reiterated an Outperform rating. The firm cited uncertainty ahead of BioNTech's "major year for data" and the new leadership's impact on the vast mid-to-late-stage pipeline. Morgan Stanley also cut its price target to $125 from $134 and maintained an Overweight rating, citing the stock's undervaluation ahead of data read-outs.
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