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Avidity Biosciences price target raised to $70 from $60 at Evercore ISI

Avidity Biosciences price target raised to $70 from $60 at Evercore ISI

Evercore ISI analyst Gavin Clark-Gartner raised the firm's price target on Avidity Biosciences (RNA) to $70 from $60 and keeps an Outperform rating on the shares. The firm adjusted price targets in Smid-cap biotechnology as part of a research note discussing 2026 stock ideas. There is a 'notable lengthening' of time horizons among investors, which is a positive sign for the broader small cap biotech markets, the analyst tells investors in a research note.
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