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Solid Biosciences price target raised to $18 from $17 at Piper Sandler

Piper Sandler analyst Biren Amin raised the firm’s price target on Solid Biosciences (SLDB) to $18 from $17 and keeps an Overweight rating on the shares. In Q1 financial results, Solid reported that the first patient has been dosed in the Phase 3 IMPACT DUCHENNE trial for SGT-003 and noted that 47 patients have now been dosed in the Phase 1/2 INSPIRE DUCHENNE study, with no reported cases of myocarditis, DILI, or TMA/aHUS to date, and is on track for enrolling 50 patients by June.

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