JonesResearch initiated coverage of Beam Therapeutics with a Hold rating and no price target. Beam is one of the lead companies with a base editing platform and its lead indication is in “crowded” sickle cell disease, the analyst tells investors in a research note. The firm awaits clinical data to justify the company’s current implied valuation.
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Read More on BEAM:
- Intellia Therapeutics price target lowered to $64 from $80 at Stifel
- Krystal Biotech price target raised to $220 from $204 at Stifel
- Beam Therapeutics price target raised to $69 from $66 at Stifel
- Beam Therapeutics price target lowered to $31 from $33 at Barclays
- Beam Therapeutics reports Q2 EPS ($1.11), consensus ($1.13)
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