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

Canaccord raised the firm’s price target on Taysha Gene Therapies (TSHA) to $9 from $8 and keeps a Buy rating on the shares. The firm updated it model following Q1 results where the key takeaway was a “best case scenario” regulatory update for TSHA-102. The co has reached alignment + received written confirmation from the FDA on key elements of the pivotal Part B trial design in line with what the company had initially been targeting.

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