Key Points
- Biotech stocks have a reputation for being high risk, high reward.
- Many of the stocks Wall Street thinks can double (or better) over the next 12 months are biotechs.
- Although Denali has yet to commercialize a product, analysts are encouraged by its progress and collaborations with major biopharmaceutical players.
- Since its May 4th report, seven analysts have reiterated buy ratings on Ultragenyx compared to one hold.
- 5 stocks we like better than Denali Therapeutics
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