Raymond James Upgrades PTC Therapeutics (PTCT) to Market Perform

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PTC Therapeutics (PTCT) PT Raised to $32 at Goldman Sachs, Reiterates Sell

May 20, 2024 2:29 PM EDT

Goldman Sachs analyst Paul Choi raised the price target on PTC Therapeutics (NASDAQ: PTCT) to $32.00 (from $18.00) while maintaining a Sell rating.

The analyst comments "The European Commission decided not to adopt and seeks a re-evaluation of the CHMP's negative opinion on Translarna;... More

PTC Therapeutics (PTCT) PT Raised to $46 at Jefferies

May 20, 2024 12:29 PM EDT

Jefferies analyst Kelly Shi raised the price target on PTC Therapeutics (NASDAQ: PTCT) to $46.00 (from $35.00) while maintaining a Buy rating.

The analyst comments "We had 1x1 with mgmt after the unexpected PR of CHMP re-evaluation of Translarna. The only precedent was Glybera... More

PTC Therapeutics (PTCT) Reports EU Commission Returns Translarna Opinion to CHMP For Re-evaluation

May 20, 2024 7:01 AM EDT

PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today that the European Commission (EC) has decided not to adopt the CHMP's negative opinion of January 24, 2024 on the annual renewal of the conditional marketing authorization of Translarna (ataluren) and has returned the opinion to the CHMP... More