Scholar Rock Announces Positive Proof-of-Concept Data from TOPAZ Phase 2 Trial Interim Analysis of SRK-015 in Patients with Type 2 and Type 3 Spinal Muscular Atrophy

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Scholar Rock (SRRK) PT Raised to $52 at BMO Capital

October 27, 2020 3:39 PM EDT

BMO Capital analyst Do Kim raised the price target on Scholar Rock (NASDAQ: SRRK) to $52.00 (from $33.00) while maintaining an Outperform rating.

The analyst commented, "We raise our SRK-015 estimates and target price to $52 from $33, as our probability of success increase to 50% from 33%, following... More