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Repare Therapeutics price target lowered to $4 from $9 at Stifel

Repare Therapeutics price target lowered to $4 from $9 at Stifel

Stifel analyst Benjamin Burnett lowered the firm’s price target on Repare Therapeutics (RPTX) to $4 from $9 and keeps a Buy rating on the shares after updated results for camonsertib plus lunresertib came in below expectations. The firm expects the debate after the data to focus on the likelihood of success in endometrial cancer and for continued scrutiny of the balance sheet, the analyst tells investors.

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