Barclays lowered the firm’s price target on Editas Medicine to $10 from $12 and keeps an Equal Weight rating on the shares. The company Q3 highlighted expectations for EDIT-301 Phase 1/2 RUBY in SCD and EdiTHAL in TDT at ASH 2023, with more patients and longer follow-up, the firm pointed out in a research note on Friday. As a lesson learned from exa-cel AdCom, Barclays would look for efficacy and off-target profile for potential differentiation.
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Read More on EDIT:
- Options Volatility and Implied Earnings Moves Today, November 03, 2023
- Editas Medicine Announces Third Quarter 2023 Results and Business Updates
- Editas Medicine reports Q3 EPS (55c), consensus (57c)
- Editas Medicine to present data from RUBY, EdiTHAL trials of EDIT-301
- Editas Medicine to Present Clinical Data from the RUBY and EdiTHAL Trials of EDIT-301 at the ASH 2023 Annual Meeting and in a Company-sponsored Webinar
