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Rocket Pharmaceuticals price target lowered to $44 from $45 at JPMorgan

JPMorgan analyst Eric Joseph lowered the firm’s price target on Rocket Pharmaceuticals (RCKT) to $44 from $45 and keeps an Overweight rating on the shares following the Q1 report. The firm continues to see Rocket shares underappreciating the potential value from the company’s gene therapy portfolio and especially the cardiomyopathy franchise.

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