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Autolus Therapeutics price target raised to $9 from $6 at Truist

Truist analyst Asthika Goonewardene raised the firm’s price target on Autolus Therapeutics to $9 from $6 and keeps a Buy rating on the shares. Obe-cel is positioned to be a new standard of care, and the preferred CAR-T in adult ALL over Tecartus, the analyst tells investors in a research note, adding that Autolus is on track to get its first CAR-T approved next year, with favorable manufacturing and logistics set in place.

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