Cowen & Co. analyst Phil Nadeau maintained a Buy rating on Spark Therapeutics (NASDAQ: ONCE) today and set a price target of $85. The company’s shares opened today at $69.77.
According to TipRanks.com, Nadeau is a 5-star analyst with an average return of 12.0% and a 50.3% success rate. Nadeau covers the Healthcare sector, focusing on stocks such as Rocket Pharmaceuticals Inc, Voyager Therapeutics Inc, and Adverum Biotechnologies.
Currently, the analyst consensus on Spark Therapeutics is Moderate Buy and the average price target is $78.25, representing a 12.2% upside.
In a report issued on April 30, Cantor Fitzgerald also reiterated a Buy rating on the stock with a $103 price target.
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The company has a one-year high of $91.75 and a one-year low of $41.06. Currently, Spark Therapeutics has an average volume of 633.5K.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock.
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Spark Therapeutics, Inc. engages in the research, development, and commercialization of gene therapies. Its product portfolio intends to treat inherited retinal sickness, liver-mediated, and neurodegenerative diseases. The company was founded by Jean Bennett, Beverly Davidson, Katherine A. High, Jeffrey D. Marrazzo, J.
