MeiraGTx Announces Pricing of Offering of Ordinary Shares Led by Sanofi

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MeiraGTx Holdings plc (MGTX) PT Lowered to $9 at RBC Capital

August 13, 2024 6:26 AM EDT

RBC Capital analyst Luca Issi lowered the price target on MeiraGTx Holdings plc (NASDAQ: MGTX) to $9.00 (from $11.00) while maintaining a Outperform rating.

The analyst comments "MGTX reported Q2 and announced $50m equity financing at $4/share, $30m from SNY and the rest from other investors... More