Chardan Capital Sticks to Their Buy Rating for Rocket Pharmaceuticals (RCKT)

In a report released today, Geulah Livshits from Chardan Capital reiterated a Buy rating on Rocket Pharmaceuticals (RCKTResearch Report), with a price target of $62.00. The company’s shares opened today at $13.70.

According to TipRanks, Livshits is a 5-star analyst with an average return of 23.6% and a 39.94% success rate. Livshits covers the Healthcare sector, focusing on stocks such as Intellia Therapeutics, Meiragtx Holdings, and Rocket Pharmaceuticals.

Rocket Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $46.25.

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The company has a one-year high of $36.87 and a one-year low of $7.57. Currently, Rocket Pharmaceuticals has an average volume of 851.4K.

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Rocket Pharmaceuticals, Inc. is a clinical-stage biotechnology company, which engages in the development of first-in-class gene therapy treatment options for rare and devastating pediatric diseases. Its multi-platform development approach applies the lentiviral vector (LVV) and adeno-associated viral vector (AAV) gene therapy platforms. The firm’s clinical program is a LVV-based gene therapy for the treatment of Fanconi Anemia (FA), a difficult to treat genetic disease that leads to bone marrow failure and potentially cancer. The company was founded in 1999 and is headquartered in New York, NY.

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