JMP Securities analyst Jason Butler lowered the firm’s price target on Viridian Therapeutics to $42 from $44 and keeps an Outperform rating on the shares following the Q2 results and business update. The firm continues to anticipate key catalysts in the next 12 months, notably the selection of a lead subcutaneous candidate by year-end and Phase 3 results for VRDN-001 in acute TED in mid-2024, the analyst tells investors in a research note.
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