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MeiraGTx price target lowered to $18 from $20 at Evercore ISI

Evercore ISI analyst Gavin Clark-Gartner lowered the firm’s price target on MeiraGTx (MGTX) to $18 from $20 and keeps an Outperform rating on the shares. The firm adjusted targets for its small-to-mid cap biotechnology coverage as it analyzed Q2 catalysts. However, the firm acknowledges that stocks in the group are moving on longer-horizon theses so it also looked at all FY26 catalysts, the analyst tells investors.

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