RBC Capital Raises its Price Target on Moderna (MRNA)

Moderna, Inc. (NASDAQ:MRNA) is one of the 10 Best Performing American Stocks in June 2026.

On July 7, 2026, RBC Capital raised the firm’s price target on Moderna, Inc. (NASDAQ:MRNA) to $45 from $38 and kept a Sector Perform rating on the shares as part of a broader Q2 earnings preview for biotech. RBC said the biotech sector has gained considerable momentum, helped by strong data expanding innovative spaces and perceptions of improving FDA flexibility and stability. The firm added that Q2 earnings are shaping up to be seasonally strong, with multiple opportunities for beats and continued M&A activity.

On June 26, Piper Sandler raised the firm’s price target on Moderna, Inc. (NASDAQ:MRNA) to $77 from $69 previously and kept an Overweight rating on the shares.

On June 25, Moderna announced research and early development updates at its Science Day event. The company said it is balancing near-term growth with long-term innovation, supported by its four approved products, infectious disease launches, geographic expansion, and late-stage pipeline opportunities, including investigational intismeran autogene therapy and propionic acidemia therapeutic. Moderna also said its Scientific Intelligence Engine uses data, AI, and machine learning, automation, and robotics to accelerate discovery and improve operations.

Moderna, Inc. (NASDAQ:MRNA) provides messenger RNA medicines in the United States, Europe, and internationally.

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