Oppenheimer Maintains Bullish View on Sarepta (SRPT) Despite Sell-Off on FDA Briefing Documents

Go back to Oppenheimer Maintains Bullish View on Sarepta (SRPT) Despite Sell-Off on FDA Briefing Documents

Sarepta Therapeutics (SRPT) Sees Strong Mid-Day Upside

April 22, 2016 12:03 PM EDT

Sarepta Therapeutics (NASDAQ: SRPT) is seeing nice upside movement mid-day after getting slaughtered yesterday on the FDA briefing document. The AdCom is Monday 04/25. Shares last traded up 11% to $12.23.

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RBC Sees Odds on Sarepta (SRPT) 9:1 Against

April 22, 2016 9:27 AM EDT

RBC Capital analyst, Simos Simeonidis, threw in the towel on Sarepta Therapeutics (NASDAQ: SRPT) and cut the PT to $7.50. He poses a path for approval but admits that the odds are 9:1 against. The analyst maintained a Sector Perform rating.

The hope for approval for SRPT had relied on its 4-year data and the rebuttal to key conclusions in the January FDA briefing documents. The new documents reiterated FDA's strong views that eteplirsen has not provided sufficient evidence... More

Wedbush Downgrades Sarepta Therapeutic (SRPT) to Neutral (Yesterday)

April 22, 2016 7:24 AM EDT

In a note out yesterday afternoon, Wedbush downgraded Sarepta Therapeutic (NASDAQ: SRPT) from to Neutral with a price target of $14.00 (from $32.00) as the FDA digs in and gets less comfortable with Sarepta's case for eteplirsen.

Analyst Heather Behanna commented, "The amended FDA... More

Buy Sarepta Therapeutic (SRPT) on Sell-Off - Needham & Company

April 22, 2016 6:40 AM EDT

Needham & Company analyst Chad Messer reiterated a Buy rating and $53 price target on Sarepta Therapeutic (NASDAQ: SRPT) after yesterday's sell-off amid new briefing documents ahead of the rescheduled AdComm for eteplirsen. The firm is a buyer on the sell-off.

Messer commented, "The FDA released... More

Sarepta (SRPT) PT Lowered to $23 at Baird as FDA Digs in for a Fight on Eteplirsen

April 21, 2016 4:53 PM EDT

Baird analyst Brian Skorney lowered his price target on Sarepta Therapeutic (NASDAQ: SRPT) to $23.00 (from $47.00) following new FDA briefing documents and increased ambiguity around timeline of confirmatory readout. The firm maintained an Outperform rating.

"Despite Sarepta's, advocates', KOLs', and politicians' attempts to convince FDA that the original assessment was inaccurate, the FDA stands firm in new briefing... More

William Blair Downgrades Sarepta Therapeutic (SRPT) to Market Perform

April 21, 2016 12:54 PM EDT

William Blair downgraded Sarepta Therapeutic (NASDAQ: SRPT) from Outperform to Market Perform.

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 $19.71 yesterday.

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FDA Not Changing Etep Stance (SRPT) (BMRN) - Leerink

April 21, 2016 11:22 AM EDT

The updated FDA briefing documents ahead of Sarepta's (NASDAQ: SRPT) eteplirsen AdCom (4/25) remain largely negative citing concerns with trial design, efficacy, dystrophin measurement methods, and laboratory measurements and statistical analysis. This version of the documents also includes the FDA's rebuttal of the addendum to its briefing materials that SRPT submitted in January, stating that we do not agree with the... More

CRL 'Most Logical Outcome' for Sarepta's (SRPT) Eteplirsen - Janney Montgomery Scott

April 21, 2016 9:29 AM EDT

Janney Montgomery Scott Weighed in on Sarepta Therapeutics (NASDAQ: SRPT) following today's FDA briefing... More

Sarepta Therapeutics (SRPT) Sees Quick Sell-Off Following FDA Briefing Docs

April 21, 2016 8:08 AM EDT

Sarepta Therapeutics (NASDAQ: SRPT) trades down a quick 15% following posting of the FDA briefing documents.

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Sarepta Therapeutics (SRPT) on watch as FDA briefing documents hit

April 21, 2016 8:00 AM EDT

Sarepta Therapeutics (NASDAQ: SRPT) on watch as FDA briefing documents hit.

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