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Thursday, May 24, 2018

uniQure started at buy by SunTrust


uniQure initiated with a Buy at SunTrust. As reported earlier, SunTust analyst Edward Nash initiated uniQure with a Buy rating and a price target of $48, saying the company is a “gene therapy pure play initially targeting orphan diseases”. He projects the company’s revenue for hemophilia B franchise and Huntington’s disease reaching as high as $1.4B and over $2B respectively, with 13K U.S./E.U. patients for the former and 100K patients for the latter. Nash points to Q3 start of testing for uniQure’s AMT-061 for hemophilia B as the next potential catalyst for the company

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