RBC Capital Cuts PT on Legend Biotech Corporation (LEGN) to $62 From $66 – Here’s Why

2 hours ago 2

Noor Ul Ain Rehman

Tue, March 31, 2026 astatine 10:06 AM CDT 2 min read

Legend Biotech Corporation (NASDAQ:LEGN) is 1 of the champion precocious maturation healthcare stocks to bargain now. RBC Capital chopped the terms people connected Legend Biotech Corporation (NASDAQ:LEGN) to $62 from $66 connected March 11, reiterating an Outperform standing connected the shares. The standing update came aft the institution released its fiscal Q4 results, telling investors successful a probe enactment that it sees a sizeable disconnect betwixt the stock terms and the fundamentals of the business. It added that the management’s execution connected respective aspects of the Carvykti accidental has been strong, with factors specified arsenic improving real-world safety, awesome Overall Survival data, expanding manufacturing, and accordant double-digit gross growth.

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Legend Biotech Corporation (NASDAQ:LEGN) besides received a standing update from Morgan Stanley connected March 11. The steadfast chopped the terms people connected the banal to $49 from $50, reiterating an Overweight standing connected the shares and telling investors that it updated estimates aft the institution released its fiscal Q4 fiscal report. It, however, added that the steadfast is awaiting further information from the CARTITUDE-5 survey and the earlier-stage successful vivo pipeline this year.

Legend Biotech Corporation (NASDAQ:LEGN) is simply a clinical-stage institution that develops, discovers, manufactures, and commercializes caller therapies for oncology and different indications. It develops precocious compartment therapies crossed an elaborate scope of exertion platforms. The institution operates successful the US, China, and different geographical segments.

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