Goldman Sachs Reaffirms Their Hold Rating on Crispr Therapeutics AG (CRSP)
In a report released today, Salveen Richter from Goldman Sachs reiterated a Hold rating on Crispr Therapeutics AG (CRSP – Research Report), with a price target of $47.00. The company's shares closed today at $46.70.
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According to TipRanks, Richter is a 4-star analyst with an average return of 8.2% and a 41.33% success rate. Richter covers the Healthcare sector, focusing on stocks such as Amgen, Biogen, and Crispr Therapeutics AG.
In addition to Goldman Sachs, Crispr Therapeutics AG also received a Hold from Barclays's Gena Wang in a report issued today. However, on the same day, Needham maintained a Buy rating on Crispr Therapeutics AG (NASDAQ: CRSP).
Based on Crispr Therapeutics AG's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $865 thousand and a GAAP net loss of $136 million. In comparison, last year the company earned a revenue of $504 thousand and had a GAAP net loss of $116.59 million
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