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Moderna’s stock price is ‘ridiculous,’ says BofA analyst

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Moderna’s stock price is ‘ridiculous,’ says BofA analyst

Shares of Moderna Inc. have soared so much that the biotechnology companys valuation is unjustifiable on a fundamental basis, said analyst Geoff Meacham on Tuesday, as his analysis suggests the stock should be priced about 75% below current levels.On Monday,…

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