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Voyager Therapeutics price target lowered to $8 from $10 at Wedbush

Wedbush lowered the firm’s price target on Voyager Therapeutics to $8 from $10 and keeps a Neutral rating on the shares. On the heels of the AGCST meeting, the Q1 Voyager update was largely as anticipated with no change to all major development timelines, the firm says. Most notable, Voyager announced the IND for antitau antibody VY-TAU01 was cleared with the first healthy volunteer expected to be dosed in the single-ascending dose portion of the study by mid-2024, Wedbush adds.

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