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Taysha Gene Therapies price target raised to $9 from $8 at BofA

BofA analyst Tazeen Ahmad raised the firm’s price target on Taysha Gene Therapies (TSHA) to $9 from $8 and keeps a Buy rating on the shares after the company presented supplemental analysis from the REVEAL Part A study at the CNS Annual Meeting. The firm notes that it currently assigns TSHA-102 60% odds of success and 40% market share for peak risk-adjusted sales of $1.3B in 2031 following a 2027 launch.

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