Metsera downgraded to Market Perform from Outperform at Leerink

Leerink downgraded Metsera (MTSR) to Market Perform from Outperform with a price target of 77, after Pfizer (PFE) announced an agreement to acquire Metsera for 7.3B contingent on hitting various pipeline-related targets. Metsera’s novel obesity pipeline should help drive Pfizer revenue growth beyond 2028, says the analyst, who believes Metsera’s assets could collectively generate greater than $5B in peak sales. Elevate Your Investing S ...