Roth Capital analyst Boobalan Pachaiyappan lowered the firm’s price target on Entrada Therapeutics (TRDA) to $21 from $23 and keeps a Buy rating on the shares after discussing the progress of the company’s DMD clinical programs. The firm remains enthusiastic about ENTR-601-44 and ENTR-601-45, looking forward to the respective clinical trial starts in the U.S. and ex-U.S. regions, though also acknowledges the latter’s clinical trajectory could be “long and winding”, the analyst tells investors in a research note.
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