Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Deutsche Bank keeps sell on AstraZeneca amid pipeline uncertainties despite positive trial data at ASCO 2026.

Market News
03 Jun 2026
Proactive Investors
View Source
Bearish
pluang ai news

Deutsche Bank maintained its sell rating and 11,500p price target on AstraZeneca shares despite positive phase III trial results presented at the ASCO 2026 conference. The EMERALD-3 trial showed a 30% reduction in disease progression risk for a liver cancer immunotherapy combo, but regulatory approval remains uncertain. The bank also highlighted concerns about AstraZeneca's breast cancer drug camizestrant and noted the absence of AstraZeneca from ASCO's plenary session for the first time since 2018. Looking ahead, 2027 could bring key pipeline catalysts with several phase III readouts expected, while early sales of the new hypertension drug Baxfendy have been mixed.

More News (AZN)

Deutsche Bank keeps sell on AstraZeneca, citing pipeline uncertainties despite positive liver cancer trial.

Deutsche Bank keeps sell on AstraZeneca, citing pipeline uncertainties despite positive liver cancer trial.

Deutsche Bank maintains a sell rating on AstraZeneca with a price target of 11,500p, despite shares trading at 13,064p. The bank views the recent ASCO conference data, including the positive phase III EMERALD-3 trial for liver cancer, as incremental ...

Market News
Bearish
9 hours ago
AstraZeneca's camizestrant combo shows strong survival benefits in advanced breast cancer trial

AstraZeneca's camizestrant combo shows strong survival benefits in advanced breast cancer trial

AstraZeneca reported updated Phase 3 SERENA-6 trial results showing that camizestrant combined with a CDK4/6 inhibitor significantly improved progression-free survival in hormone receptor-positive, HER2-negative advanced breast cancer. The treatment ...

Company Fundamentals
Bullish
22 hours ago
AstraZeneca's liver cancer trial shows 30% progression-free survival improvement with new STRIDE regimen.

AstraZeneca's liver cancer trial shows 30% progression-free survival improvement with new STRIDE regimen.

AstraZeneca's Phase 3 EMERALD-3 trial demonstrated that the STRIDE regimen, combining immunotherapy drugs Imfinzi and Imjudo with lenvatinib and TACE, significantly improved progression-free survival by 30% compared to TACE alone in patients with unr...

Company Fundamentals
Bullish
1 day ago
ASCO 2026 highlights challenges for AstraZeneca and Roche in cancer drug development and market prospects.

ASCO 2026 highlights challenges for AstraZeneca and Roche in cancer drug development and market prospects.

At ASCO 2026, European pharma firms had a quiet showing, but AstraZeneca and Roche faced key challenges. AstraZeneca's lung cancer drug Datroway competes with Merck's sac-TMT, which showed strong efficacy but high toxicity, making AstraZeneca's bioma...

Market News
Neutral
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App