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SRPT: Citigroup Raises Price Target Amid Maintained 'Sell' Ratin
Citigroup has maintained its ‘Sell’ rating on Sarepta Therapeutics (SRPT) while significantly increasing its price target from USD 9.00 to USD 13.00, a 44.44% boost. This adjustment reflects changing market conditions and expectations for SRPT, despite other analysts having “Outperform” or “Overweight” ratings with higher price targets. The average target price from 25 analysts is $30.24, implying a potential upside of 37.95% from the current price, with a “Hold” consensus from 26 brokerage firms.