Sarepta (SRPT) PT Lowered to $23 at Baird as FDA Digs in for a Fight on Eteplirsen
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Sarepta Therapeutics (SRPT) Sees Strong Mid-Day Upside
April 22, 2016 12:03 PM EDTSarepta Therapeutics (NASDAQ: SRPT) is seeing nice upside movement mid-day after getting slaughtered yesterday on the FDA briefing document. The AdCom is Monday 04/25. Shares last traded up 11% to $12.23.
... MoreRBC Sees Odds on Sarepta (SRPT) 9:1 Against
April 22, 2016 9:27 AM EDTRBC Capital analyst, Simos Simeonidis, threw in the towel on Sarepta Therapeutics (NASDAQ: SRPT) and cut the PT to $7.50. He poses a path for approval but admits that the odds are 9:1 against. The analyst maintained a Sector Perform rating.
The hope for approval for SRPT had relied on its 4-year data and the rebuttal to key conclusions in the January FDA briefing documents. The new documents reiterated FDA's strong views that eteplirsen has not provided sufficient evidence... More
Wedbush Downgrades Sarepta Therapeutic (SRPT) to Neutral (Yesterday)
April 22, 2016 7:24 AM EDTIn a note out yesterday afternoon, Wedbush downgraded Sarepta Therapeutic (NASDAQ: SRPT) from to Neutral with a price target of $14.00 (from $32.00) as the FDA digs in and gets less comfortable with Sarepta's case for eteplirsen.
Analyst Heather Behanna commented, "The amended FDA... More
Buy Sarepta Therapeutic (SRPT) on Sell-Off - Needham & Company
April 22, 2016 6:40 AM EDTNeedham & Company analyst Chad Messer reiterated a Buy rating and $53 price target on Sarepta Therapeutic (NASDAQ: SRPT) after yesterday's sell-off amid new briefing documents ahead of the rescheduled AdComm for eteplirsen. The firm is a buyer on the sell-off.
Messer commented, "The FDA released... More
Oppenheimer Maintains Bullish View on Sarepta (SRPT) Despite Sell-Off on FDA Briefing Documents
April 21, 2016 1:20 PM EDTOppenheimer analyst Christopher Marai is maintaining his Outperform rating and $60 price target on Sarepta Therapeutic (NASDAQ: SRPT) despite the massive sell-off on the FDA released updated briefing documents for SRPT's Monday Adcom.
Marai commented, "FDA was mostly unchanged in its analysis,... More
William Blair Downgrades Sarepta Therapeutic (SRPT) to Market Perform
April 21, 2016 12:54 PM EDTWilliam Blair downgraded Sarepta Therapeutic (NASDAQ: SRPT) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on Sarepta Therapeutic click here. For more ratings news on Sarepta Therapeutic click here.
Shares of Sarepta Therapeutic closed at $19.71 yesterday.
... MoreFDA Not Changing Etep Stance (SRPT) (BMRN) - Leerink
April 21, 2016 11:22 AM EDTThe updated FDA briefing documents ahead of Sarepta's (NASDAQ: SRPT) eteplirsen AdCom (4/25) remain largely negative citing concerns with trial design, efficacy, dystrophin measurement methods, and laboratory measurements and statistical analysis. This version of the documents also includes the FDA's rebuttal of the addendum to its briefing materials that SRPT submitted in January, stating that we do not agree with the... More
CRL 'Most Logical Outcome' for Sarepta's (SRPT) Eteplirsen - Janney Montgomery Scott
April 21, 2016 9:29 AM EDTJanney Montgomery Scott Weighed in on Sarepta Therapeutics (NASDAQ: SRPT) following today's FDA briefing... More
Pre-Open Stock Movers 04/21: (CEQP) (NOW) (UA) Higher; (TRXC) (SRPT) (TBI) Lower (more...)
April 21, 2016 9:25 AM EDTToday's Pre-Open Movers:
TransEnterix (NYSE: TRXC) 65.4% LOWER; announced that the FDA notified the Company on April 19, 2016 that the FDA has determined that the SurgiBot System does not meet the criteria for substantial equivalence based upon the data and information submitted by TransEnterix in its 510(k) submission.
Sarepta Therapeutics (NASDAQ:... More
Sarepta Therapeutics (SRPT) Sees Quick Sell-Off Following FDA Briefing Docs
April 21, 2016 8:08 AM EDTSarepta Therapeutics (NASDAQ: SRPT) trades down a quick 15% following posting of the FDA briefing documents.
... MoreSarepta Therapeutics (SRPT) on watch as FDA briefing documents hit
April 21, 2016 8:00 AM EDTSarepta Therapeutics (NASDAQ: SRPT) on watch as FDA briefing documents hit.
... More
