Needham Maintains Buy on Sarepta Therapeutics, Lowers Price Target to $166
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum maintains a Buy rating on Sarepta Therapeutics (NASDAQ:SRPT) but lowers the price target from $169 to $166.

February 29, 2024 | 12:53 pm
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Needham maintains a Buy rating on Sarepta Therapeutics but lowers the price target from $169 to $166.
The adjustment in price target by Needham, while maintaining a Buy rating, suggests a continued positive outlook on Sarepta Therapeutics but with slightly moderated expectations. This could lead to a neutral short-term impact on the stock as the market digests the minor adjustment in valuation expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100