Evercore ISI Group Maintains Outperform on Sarepta Therapeutics, Lowers Price Target to $151
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Gavin Clark-Gartner maintains an Outperform rating on Sarepta Therapeutics (NASDAQ:SRPT) but lowers the price target from $173 to $151.
May 30, 2023 | 12:32 pm
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Sarepta Therapeutics' price target has been lowered from $173 to $151 by Evercore ISI Group, but the Outperform rating is maintained.
The news directly mentions Sarepta Therapeutics (SRPT) and its lowered price target. However, the Outperform rating is maintained, indicating that the analyst still believes the stock will outperform its peers. This may have a neutral short-term impact on the stock price, as the lowered price target could be seen as a negative signal, but the maintained Outperform rating could be seen as a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100