Morgan Stanley analyst Judah Frommer raised the firm’s price target on Regenxbio (RGNX) to $24 from $22 and keeps an Overweight rating on the shares. The BLA for RGX-121 has been submitted, notes the analyst, who thinks Regenxbio remains in a “strong position” to commercialize RGX-121 and complete pivotal readouts for RGX-314 and RGX-202.
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