UBS analyst David Dai lowered the firm’s price target on enGene (ENGN) to $9 from $10 and keeps a Neutral rating on the shares following the fiscal Q1 report. The firm cites increased spending due to the LEGEND trial and launch of detalimogene in 2027 for the target cut.
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Read More on ENGN:
- enGene price target lowered to $30 from $33 at Oppenheimer
- enGene price target lowered to $27 from $30 at Guggenheim
- Buy Rating on enGene: Detalimogene’s Competitive Efficacy, Community-Friendly Delivery, and Regulatory Momentum Support $25 Target
- enGene Strengthens Balance Sheet as Bladder Cancer Gene Therapy Nears Key 2026 Milestones
- enGene reports Q1 EPS (44c), consensus (57c)
