bluebird bio (BLUE) Misses Q3 EPS by 56c

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Goldman Sachs Downgrades bluebird bio (BLUE) to Sell

November 8, 2021 7:38 AM EST

Goldman Sachs analyst Salveen Richter downgraded bluebird bio (NASDAQ: BLUE) from Neutral to Sell with a price target of $10.00 (from $23.00).

The analyst comments "We downgrade BLUE to Sell from Neutral and lower our 12-month PT to $10 from $23. Post the separation of the severe genetic disease (SGD; BLUE) and oncology businesses (2seventy bio; TSVT), BLUE is focused on developing and... More

Morgan Stanley Downgrades bluebird bio (BLUE) to Underweight, 'commercialization will remain challenging'

November 8, 2021 5:11 AM EST

Morgan Stanley analyst Matthew Harrison downgraded bluebird bio (NASDAQ: BLUE) from Equalweight to Underweight with a price target of $11.00 (from $19.00).

The analyst comments "Bluebird has developed a robust portfolio of genetherapies where we expect approval in 2022/2023. However, we believe the ultimate market for... More