Wells Fargo lowered the firm’s price target on Editas Medicine (EDIT) to $7 from $9 and keeps an Overweight rating on the shares. The firm continues to see Editas’ focus on in vivo HSPC editing as a more effective use of its expertise and resources to create value. Wells looks forward to the next in vivo pipeline update in Q1 2025 as well as updates on reni-cel BD activity.
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