Sarepta Therapeutic (SRPT) Label More Inclusive Than Anticipated - Oppenheimer
Get Alerts SRPT Hot Sheet
Rating Summary:
30 Buy, 9 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Join SI Premium – FREE
Oppenheimer analyst Michelle Gilson reiterated an Outperform rating and $60 price target on Sarepta Therapeutic (NASDAQ: SRPT) after the FDA announced the approval of eteplirsen (EXONDYS51) for the treatment of DMD amenable to Exon 51 skipping.
In conjunction with eteplirsen's accelerated approval, Sarepta will receive a pediatric review voucher that could be worth up to $350M.
"Notably, the label includes all patients with DMD amenable to exon 51 skipping, and does not restrict use by ambulatory status nor age," the analyst notes.
For an analyst ratings summary and ratings history on Sarepta Therapeutic click here. For more ratings news on Sarepta Therapeutic click here.
Shares of Sarepta Therapeutic closed at $28.15 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Citi Upgrades United Microelectronics Corp (2303:TT) (UMC) to Buy 'with limited downside'
- Compass Minerals International (CMP) PT Lowered to $15 at Deutsche Bank
- EQT Corp. (EQT) PT Lowered to $46 at Wolfe Research
Create E-mail Alert Related Categories
Analyst Comments, FDASign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!