Avidity Biosciences (RNA) Announces Proposed $300M Share Offering

Go back to Avidity Biosciences (RNA) Announces Proposed $300M Share Offering

Avidity Biosciences (RNA) PT Raised to $45 at BofA Securities

June 13, 2024 5:17 AM EDT

BofA Securities analyst Geoff Meacham raised the price target on Avidity Biosciences (NASDAQ: RNA) to $45.00 (from $40.00) while maintaining a Buy rating.

The analyst comments "This morning, Avidity reported compelling biomarker (>50% reduction in DUX4 related gene panels) and functional strength improvement data in FSHD (a rare muscle disorder) patients treated with... More