Evaluating Taysha Gene Therapies: Insights From 7 Financial Analysts
Portfolio Pulse from Benzinga Insights
Taysha Gene Therapies (NASDAQ:TSHA) has received mixed reviews from 7 financial analysts over the past quarter, with ratings ranging from bullish to bearish. The average 12-month price target for TSHA has been raised to $6.71, indicating a 34.2% increase from the previous target of $5.00. Analysts from firms including Piper Sandler, Canaccord Genuity, Chardan Capital, JMP Securities, Cantor Fitzgerald, and Needham have provided updates, with actions ranging from maintaining to raising their price targets. Taysha Gene Therapies, a gene therapy company focused on CNS diseases, has shown notable financial performance with a revenue growth of 44.04%, an impressive net margin of 1324.67%, and a high ROE of 369.76%, despite a high debt-to-equity ratio of 0.82.

April 09, 2024 | 12:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Taysha Gene Therapies has seen a diverse range of analyst ratings, with a notable increase in its average 12-month price target to $6.71. The company's financial performance indicates strong growth and profitability metrics.
The increase in the average 12-month price target and the positive financial performance metrics, such as revenue growth and net margin, suggest a positive outlook for TSHA. However, the high debt-to-equity ratio introduces some financial risk.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100