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Sarepta price target lowered to $97 from $175 at TD Cowen

TD Cowen analyst Ritu Baral lowered the firm’s price target on Sarepta to $97 from $175 and keeps an Outperform rating on the shares. The firm said their talks with FDA consultants and DMD patient community contacts suggest their 50% POS of Elevidys label expansion to all ambulatory points may be too low.

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