BofA raised the firm’s price target on Sarepta (SRPT) to $19 from $18 and keeps an Underperform rating on the shares after the company reported preliminary Q4 Elevidys revenues of $110M, below the firm’s and consensus estimates.
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Read More on SRPT:
- Balanced Risk Profile Amid Elevidys Uncertainty and PMO Regulatory Headwinds Supports Hold on Sarepta
- Sarepta Therapeutics: Resilient Fundamentals, Elevidys Recovery, and Pipeline Catalysts Underscore Attractive Buy‑Rated Upside
- Sarepta price action likely driven by softer Elevidys Q4 sales, says Jefferies
- Sarepta falls 10% to $21.37 after reporting preliminary Q4 revenue
- Sarepta reports preliminary Q4 net product revenue $369.9M
