2020-12-07 12:18:14 SRPT Sarepta
12/07/20 12/0712:18 12/07/2012:18 | Sarepta's PPMO tech update in-line or better than expected, says Piper SandlerPiper Sandler analyst Tyler Van Buren is "surprised" by the pullback in Sarepta shares, saying it is quite early, but the PPMO technology appears to be resulting in higher tissue concentrations, which is leading to improved exon skipping and dystrophin expression at 20 mg/kg monthly dosing in half the amount of time with clean safety. The analyst thinks expectations should have been modest this early on and believes Sarepta's update was in-line or better than anticipated. The analyst made no change to his Overweight rating or $200 price target. |
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