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Taysha Gene Therapies price target raised to $8 from $6 at Citizens JMP

Citizens JMP raised the firm’s price target on Taysha Gene Therapies (TSHA) to $8 from $6 and keeps an Outperform rating on the shares. Taysha Gene Therapies reported Q3 results and provided a safety update on 12 dosed patients and a finalized statistical analysis plan that is achievable based on available data, the analyst tells investors in a research note. Finalized REVEAL plans have weathered the regulatory storm, and Citizens believes the protocol is currently the best approach in Rett, giving Taysha a significant competitive advantage.

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