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via seekingalpha.comBusiness & Companies

Editas upgraded at Wells Fargo after Australia approves gene editing trial

FROM THE WIRE · SEEKINGALPHA.COM

[Genetic engineeering concept] PhonlamaiPhoto/iStock via Getty Images Editas Medicine (EDIT [https://seekingalpha.com/symbol/EDIT]) traded higher on Thursday after Australian authorities cleared a Phase 1/2 trial for the company’s gene-editing therapy EDIT-401, and Wells Fargo…

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishWells Fargo upgraded Editas to Overweight after Australian approval of Phase 1/2 trial for EDIT-401.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Australian authorities approved Phase 1/2 Strive trial for Editas' EDIT-401 gene editing therapy.
  2. 02Wells Fargo upgraded Editas from Equal Weight to Overweight following the approval.
  3. 03EDIT-401 is an in vivo gene editing medicine for heterozygous familial hypercholesterolemia.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Editas Medicine, Inc.EDITStock2.81 USD+1.44%today +2.36%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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