JPMorgan downgraded Stoke Therapeutics to Neutral from Overweight with a $6 price target after reinstating coverage of the name. While the firm likes Stoke’s proprietary platform TANGO. it thinks the mid-year STK-001 data left unanswered questions and believes the near-term uncertainty around STK-001’s efficacy and registrational trial design could limit share outperformance.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on STOK:
- Short Report: Bears scale back on Celsius after blowout earnings
- Stoke Therapeutics reports Q3 EPS (55c), consensus (63c)
Questions or Comments about the article? Write to editor@tipranks.com