BofA lowered the firm’s price target on Crispr Therapeutics (CRSP) to $79 from $80 and keeps a Buy rating on the shares. The company’s Q1 update focused on the potential acceleration for the Casgevy launch and proof-of-concept editing for CRISPR’s in vivo editing platform from initial data from CTX310, notes the analyst, who updated the firm’s model to reflect updated cash position, share count and expense trends.
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