Avalanche Biotechnologies (AAVL) Tops Q2 EPS by 1c

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Avalanche Biotechnologies (AAVL) PT Lowered to $25 at Piper Jaffray on Q2 Results and Wet-AMD Update

August 14, 2015 6:50 AM EDT

Piper Jaffray analyst Joshua Schimmer cut his price target on Avalanche Biotechnologies (NASDAQ: AAVL) to $25.00 (from $30.00) following Q2 results and the Wet-AMD updated but maintained an Overweight rating.

Schimmer commented, "After the close, AAVL reported 2Q15 earnings and, not surprisingly, disclosed... More