Back to mobile site

Baird 'Incrementally Positive' on Sarepta (SRPT) Following 'Shocking Move' by FDA

April 22, 2016 2:57 PM EDT
Get Alerts SRPT Hot Sheet
Price: $19.18 --0%

Rating Summary:
    18 Buy, 19 Hold, 6 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 9 | Down: 18 | New: 46
Join SI Premium – FREE

Baird analyst Brian Skorney is incrementally positive on the FDA's move to include voting questions on Sarepta Therapeutic (NASDAQ: SRPT) eteplirsen.

The analyst called it a "shocking move.

"The final question will gauge panelists' read on the efficacy of the drug," he notes. "This leaves the door open for patient advocates to sway the panel on a definitive vote. Prepare for a wild ride. After years of ambiguity surrounding this review, we head into Monday expecting nothing more than to be surprised."

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 $11.02 yesterday.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, FDA, Momentum Movers, Short Sales, Trader Talk

Related Entities

Robert W Baird