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Crispr Therapeutics price target lowered to $65 from $78 at Credit Suisse

Credit Suisse analyst Richard Law lowered the firm’s price target on Crispr Therapeutics to $65 from $78 and keeps a Neutral rating on the shares following quarterly results. The firm notes that submission for exa-cel’s BLA for rolling review is on track to complete by Q1 2023, and that the company plans to initiate clinical trials for its second-gen CAR-Ts including CTX131 in February after its IND clearance and CTX112 in the first half of 2023.

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