Clear Street raised the firm’s price target on Editas Medicine (EDIT) to $4.60 from $4 and keeps a Buy rating on the shares following the Q3 report. The company maintained previously stated timelines for EDIT-401, the analyst tells investors in a research note. The firm sees $1.8B in peak sales and a 10% likelihood of success.
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Read More on EDIT:
- Editas Medicine reports Q3 EPS (28c), consensus (38c)
- Editas Medicine Inc. (EDIT) Q3 Earnings Cheat Sheet
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