Form 8-K PTC THERAPEUTICS, INC. For: Sep 15

Go back to Form 8-K PTC THERAPEUTICS, INC. For: Sep 15

PTC Therapeutics (PTCT) PT Lowered to $45 at Truist Securities; 'PTC isn't dead'

September 18, 2023 6:14 AM EDT

Truist Securities analyst Robyn Karnauskas lowered the price target on PTC Therapeutics (NASDAQ: PTCT) to $45.00 (from $60.00) while maintaining a Buy rating.

THE analyst commented, "In addition to the negative CHMP decision, we believe concerns about cash position and mgmt's ability to... More

PTC Therapeutics (PTCT) PT Lowered to $53 at JPMorgan, 'Late Stage Assets Remain Significantly Underappreciated'

September 15, 2023 12:50 PM EDT

JPMorgan analyst Eric Joseph lowered the price target on PTC Therapeutics (NASDAQ: PTCT) to $53.00 (from $70.00) while maintaining a Overweight rating.

The analyst comments "Were lowering our Dec -24 PT ($53/sh vs $70 prior) but maintaining our Overweight rating following the negative CHMP opinion regarding full / extended conditional marketing authorization... More