Sarepta Therapeutics surges 36% after-hours following expanded FDA approval

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Baird on Sarepta (SRPT): 'we think the regulatory progress can generate incremental optimism around the valuation'

June 24, 2024 12:18 PM EDT

Baird analyst Brian Skorney reiterated an Outperform rating and $200.00 price target on Sarepta Therapeutics (NASDAQ: SRPT).

The analyst comments "Incrementally positive on regulatory submission. This morning, partner Roche (RHHBY, not covered) announced that EMA has validated and initiated review of the... More

Sarepta Therapeutics (SRPT) PT Raised to $200 at Mizuho

June 24, 2024 5:33 AM EDT

Mizuho analyst Uy Ear raised the price target on Sarepta Therapeutics (NASDAQ: SRPT) to $200.00 (from $179.00) while maintaining a Buy rating.

The analyst comments "Following Thursday's Elevidys label expansion, we maintain our Outperform rating on SRPT due to: (1) Potential upside to LT Consensus Elevidys... More

Citi Reiterates Buy Rating on Sarepta Therapeutics (SRPT)

June 21, 2024 5:49 AM EDT

Citi analyst Neena Bitritto-Garg reiterated a Buy rating and $172.00 price target on Sarepta Therapeutics (NASDAQ: SRPT)

The analyst comments "After market close on Thursday, June 20, SRPT announced that the FDA has granted traditional (full) approval to Elevidys for ambulatory DMD patients and accelerated... More

Sarepta Therapeutics (SRPT) PT Raised to $213 at BofA Securities

June 21, 2024 5:36 AM EDT

BofA Securities analyst Tazeen Ahmad raised the price target on Sarepta Therapeutics (NASDAQ: SRPT) to $213.00 (from $166.00) while maintaining a Buy rating.

The analyst comments "Elevidys received full approval for ambulatory Duchenne muscular dystrophy (DMD) patients ages 4 or more and accelerated approval... More

Goldman Sachs Reiterates Buy Rating on Sarepta Therapeutics (SRPT)

June 21, 2024 5:25 AM EDT

Goldman Sachs analyst Salveen Richter reiterated a Buy rating and $223.00 price target on Sarepta Therapeutics (NASDAQ: SRPT)

The analyst comments "The FDA broadened the label for SRPT's gene therapy Elevidys in Duchenne muscular dystrophy from the accelerated approval in ambulatory 4-5 year-olds to include ambulatory and non-ambulatory patients at least four years old via traditional... More

Sarepta Therapeutics (SRPT) PT Raised to $182 at RBC Capital

June 21, 2024 4:50 AM EDT

RBC Capital analyst Brian Abrahams raised the price target on Sarepta Therapeutics (NASDAQ: SRPT) to $182.00 (from $142.00) while maintaining a Sector Perform rating.

The analyst comments "Despite our concerns going in that CBER head Peter Marks' tone had shifted and that the... More