Sarepta price target lowered to $125 from $183 at Needham

TipRanks

Thu, May 8, 2025, 7:36 AM 1 min read

Needham lowered the firm’s price target connected Sarepta (SRPT) to $125 from $183 and keeps a Buy standing connected the shares. The institution faced important unit pursuing earnings, triggered by the assignment of Vinay Prasad to caput CBER, arsenic Dr. Prasad is simply a known professional of the accelerated support pathway and Elevidys’ support successful particular, the expert tells investors successful a probe note. Sarepta has besides lowered FY25 income guidance, Needham notes, adding nevertheless that it inactive views the banal arsenic “undervalued”.

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