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Thursday, February 7, 2019

Crispr Therapeutics initiated at BTIG

Crispr Therapeutics initiated with a Buy at BTIG. BTIG analyst Amanda Murphy initiated Crispr Therapeutics with a Buy rating and $43 price target. Murphy sees Crispr as a front runner in the allogeneic pack, with its budding CAR-T pipeline. The analyst believes CTX001 represents under 5% of that price target, while the CAR-T franchise represents roughly 35%, and that the largest contribution comes from the value of the company’s underlying platform, which accounts for slightly under 50% of the price target.
https://thefly.com/landingPageNews.php?id=2861455

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