Citigroup Maintains Buy on Sarepta Therapeutics, Lowers Price Target to $161
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Neena Bitritto-Garg maintains a Buy rating on Sarepta Therapeutics (NASDAQ:SRPT) but lowers the price target from $204 to $161.

June 23, 2023 | 4:25 pm
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Citigroup maintains Buy rating on Sarepta Therapeutics (NASDAQ:SRPT) but lowers the price target from $204 to $161.
The news of Citigroup maintaining a Buy rating on Sarepta Therapeutics is positive for the stock. However, the lowering of the price target from $204 to $161 may create some uncertainty among investors, potentially offsetting the positive sentiment. As a result, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100