Truist initiated coverage of PTC Therapeutics (PTCT) with a Buy rating and $80 price target The potential launches of two drugs in coming months – sepiapterin for phenylketonuria and vatiquinone for Friedreichs’ ataxia – along with a “promising pipeline” borne out of PTC’s RNA modulation platform should more than offset Translarna’s “checkered past in DMD” and check “many of the boxes for a compelling biotech investment,” the analyst tells investors.
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Read More on PTCT:
- PTC Therapeutics: Strong Buy Rating Backed by Promising Sepiapterin Launch and Robust Financial Outlook
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