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Taysha Gene Therapies price target raised to $6 from $2 at Truist

Truist raised the firm’s price target on Taysha Gene Therapies (TSHA) to $6 from $2 and keeps a Buy rating on the shares. The company’s Q2 data from the first adult Rett syndrome patient dosed with TSHA-102 is showing good tolerability and impressive efficacy, the analyst tells investors in a research note. The results also bode well for forthcoming pediatric data, which could trigger an opt-in by partner Astellas (ALPMY), the firm added.

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