Positive Report for Audentes Therapeutics (BOLD) from Evercore ISI


Evercore ISI analyst Joshua Schimmer upgraded Audentes Therapeutics (BOLD) to Buy today and set a price target of $40.00. The company’s shares closed last Monday at $25.55.

According to TipRanks.com, Schimmer is a 5-star analyst with an average return of 9.5% and a 49.1% success rate. Schimmer covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Alexion Pharmaceuticals, and Stealth Biotherapeutics.

Currently, the analyst consensus on Audentes Therapeutics is a Moderate Buy with an average price target of $41.33, representing a 59.4% upside. In a report issued on November 7, Cowen & Co. also maintained a Buy rating on the stock.

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The company has a one-year high of $41.65 and a one-year low of $17.95. Currently, Audentes Therapeutics has an average volume of 414.1K.

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Audentes Therapeutics, Inc. is a biotechnology company, which engages on development and commercialization of gene therapy products for patients with serious and rare diseases caused by single gene defects. Its products include AT001 for the treatment of X-Linked Myotubular Myopathy, AT002 for the treatment of Pompe disease, and AT003 for the treatment of Catecholaminergic Polymorphic Ventricular Tachycardia. The company was founded by Matthew R. Patterson and Thomas J. Schuetz on November 13, 2012 and is headquartered in San Francisco, CA.

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