Latest news with #JohnStoltzfus
CNBC
4 days ago
- Business
- CNBC
Fed will cut again in September this year, says Oppenheimer's John Stoltzfus
John Stoltzfus, Oppenheimer chief investment strategist, joins 'Squawk on the Street' to discuss if investors should expect weaker data going forward, an economic soft landing from inflation and much more.
Yahoo
01-06-2025
- Business
- Yahoo
Oppenheimer Predicts Up to ~550% Jump for These 2 ‘Strong Buy' Stocks
After a rocky start to the spring, Wall Street came roaring back in May. President Trump's softened tariff stance reignited demand for risk assets, triggering the market's biggest monthly rally since November 2023. The S&P 500 rose ~6%, nudging back into positive territory for the year. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Encouraged by this rebound, John Stoltzfus, chief investment strategist at Oppenheimer, has taken the measure of the markets and holds a positive outlook for the near- to mid-term. 'The effects of the stock market rally from the lows seen on April 8 appear to us to augur positively for investors practicing diversification and patience notwithstanding near-term uncertainties… We remain overweight US equities and do not ascribe to the view that US exceptionalism is fading,' Stoltzfus noted. Against this backdrop, Oppenheimer analyst Jay Olson has picked out his winners for the months ahead, zeroing in on two stocks in particular – including one with the potential to jump ~550% by this time next year. We checked in with the TipRanks database to see how the rest of Wall Street views these names. The verdict? Both picks carry Strong Buy consensus ratings across the board, with substantial upside potential. Let's take a closer look at the details. Voyager Therapeutics (VYGR) One company Oppenheimer is especially bullish on is Voyager Therapeutics, a clinical-stage biotech developing treatments for serious neurological diseases, including Alzheimer's disease and Friedreich's ataxia – both of which have limited therapeutic options. Voyager's lead clinical candidate is VY7523, a monoclonal antibody designed to target pathological tau (pTAU), a protein closely associated with the progression of Alzheimer's disease. Intended for early-stage intervention, the therapy has shown encouraging preclinical results. In mouse models, its murine surrogate demonstrated high selectivity for abnormal tau while sparing healthy tau and delivered strong efficacy in the P301S seeding model, a benchmark in Alzheimer's research. Voyager recently completed a Phase 1 single ascending dose (SAD) trial in healthy volunteers and has since launched a multiple ascending dose (MAD) trial in patients with early-stage AD. Topline SAD results were positive, showing that VY7523 was well tolerated across dose levels and achieved expected central nervous system exposure. Alongside its antibody-based approach, Voyager is also advancing a gene therapy pipeline powered by its proprietary TRACER capsid technology. These engineered capsids are designed to deliver therapeutic payloads directly to brain cells while minimizing off-target exposure in tissues such as the liver. Among these programs is VY1706, a tau-silencing gene therapy intended to suppress pTAU production in neurons for the treatment of Alzheimer's. At the 2025 AD/PD conference, Voyager presented encouraging non-human primate data showing that a single intravenous dose of VY1706 achieved dose-dependent, robust reductions in MAPT mRNA and tau protein across critical brain regions. An Investigational New Drug (IND) filing remains on track for 2026. The promise of Voyager's TRACER platform has attracted major pharmaceutical partners. Through deals with Neurocrine Biosciences, Novartis, and Alexion (a subsidiary of AstraZeneca), the company could earn up to $7.4 billion in milestone payments. The Neurocrine collaboration is already advancing gene therapy programs for Friedreich's ataxia and GBA1-related disorders, with IND filings expected in 2025 and clinical trials slated to begin in 2026. Voyager could receive up to $35 million in milestone payments tied to these near-term milestones. Currently trading at $2.74 per share, VYGR may be flying under the radar – but Oppenheimer's Jay Olson sees it as a compelling entry point. 'We remain enthusiastic about VYGR's unique platform and optionality, and believe VYGR is well-positioned to pursue tau-targeting with different approaches. VYGR's strong balance sheet with a cash runway into mid-2027 should offer stability… Additionally, we are encouraged by the positive preclinical data, external validation of the platform technology through multiple collaborations with industry leaders, a strong management team, and our optimistic long-term view on the gene therapy and CNS therapeutic area,' Olson said. To this end, Olson rates VYGR an Outperform (i.e., Buy), and his $18 price target implies room for a stunning 556% upside potential in the next 12 months. (To watch Olson's track record, click here) Olson's view is highly bullish, to be sure, but so is the general Street take here. VYGR shares have a Strong Buy consensus rating, based on 10 unanimously positive recommendations. The average price target stands at $15, pointing to potential upside of 447% from current levels. (See VYGR stock forecast) Tvardi Therapeutics (TVRD) The second name catching Oppenheimer's attention is Tvardi Therapeutics, another biopharmaceutical firm – but a newcomer to the public markets. The TVRD ticker began trading on the NASDAQ on April 16 of this year, following the completion of a merger between Tvardi Therapeutics and Cara Therapeutics. Following its public debut, Tvardi is now focused on developing breakthrough therapies for fibrosis-driven diseases. Its approach centers on targeting STAT3 (signal transducer and activator of transcription 3), a key protein in the STAT family, known for its pivotal role in numerous cellular processes. At the center of Tvardi's clinical efforts is TTI-101, an oral small-molecule STAT3 inhibitor that selectively targets pY-STAT3 within the SH2 domain. Tvardi is advancing TTI-101 as a treatment for both hepatocellular carcinoma (HCC) and idiopathic pulmonary fibrosis (IPF), two diseases marked by high unmet need and limited effective therapies. Early clinical results have been encouraging. In a first-in-human Phase 1 trial involving patients with advanced solid tumors, including HCC, TTI-101 was well tolerated with no dose-limiting toxicities. Pharmacodynamic data confirmed target engagement, with biopsies showing reduced levels of activated STAT3. Tvardi expects topline data from its ongoing Phase 1b/2 REVERT Liver Cancer clinical trial in HCC to be available in the first half of 2026. Meanwhile, building on insights from the same trial, Tvardi is also advancing the REVERT IPF Phase 2 study – a randomized, double-blind, placebo-controlled trial evaluating TTI-101, both as a monotherapy and in combination with nintedanib, in patients diagnosed with IPF within the past seven years. On May 27, 2025, the company announced that enrollment was complete, with topline results expected in the fourth quarter of this year. The potential of TTI-101, based on its earlier clinical trial results and optimistic forecasts for the current trials, has not gone unnoticed by Oppenheimer's Olson. The analyst is encouraged by the possible long-term returns, assuming success in both the trial and regulatory process. 'We see an underappreciated opportunity for lead asset TTI-101 as we forecast ~$1.2B peak risk-adjusted sales in 2040. Blinded Ph2a interim data suggest that TTI-101 could reverse IPF progression, thus supporting favorable differentiation from key competitors, with detailed Ph2a results expected in 2H25 serving as a potential valuable inflection point. In HCC, we believe TTI-101 offers a novel, mechanistically distinct approach, with interim Ph1b/2 data suggesting synergy in combination with SoC ahead of topline results in 1H26. We leverage our expertise in IPF and HCC to inform our analysis, and view TVRD as well-capitalized through key catalysts… Based on our DCF valuation of TVRD, we believe that its shares remain underappreciated,' Olson stated. With that backdrop, Olson rates TVRD an Outperform (i.e., Buy), alongside a $65 price target, suggesting a potential upside of 129% from current levels. Overall, this new stock has picked up 4 analyst reviews since it went public, and all are positive – making the Strong Buy consensus rating unanimous. TVRD is currently trading for $28.34, and its $50.75 average price target suggests that the shares have a 79% upside lying in wait for the year ahead. (See TVRD stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. Disclaimer & DisclosureReport an Issue Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
19-05-2025
- Business
- CNBC
PGIM's Tom Porcelli: We still have 'enormous worry' that U.S. fiscal situation will deteriorate
John Stoltzfus, Oppenheimer Asset Management chief investment strategist, and Tom Porcelli, PGIM Fixed Income chief U.S. economist, join CNBC's 'Money Movers' to discuss reactions to Moody's downgrade of U.S. debt.
Yahoo
05-05-2025
- Business
- Yahoo
Oppenheimer Predicts Up to ~840% Surge for These 2 ‘Strong Buy' Stocks
Wall Street wrapped up the week with a bang, as a solid jobs report and a possible thaw in US-China trade tensions gave investors plenty to cheer about. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. The S&P 500 notched its longest bull run in nearly two decades, surging for a ninth consecutive day and fully erasing the losses triggered by President Trump's early-April 'Liberation Day' tariff blitz. Watching the current situation from Oppenheimer, chief investment strategist John Stoltzfus believes that the markets are finally finding their footing after months of uncertainty. 'US equities that had been pretty much locked in worry-worry mode for much of the time since February 19 when the S&P 500 hit its most recent record high found reason to change direction not just on a lessening of the day-to-day tariff war worry, but also on better-than-expected earnings growth… We remain positive on equities with current conditions suggesting we are right about where we should be considering the changes in stateside trade policy that are underway, and the degree of uncertainty change brings,' Stoltzfus opined. Stoltzfus' colleagues among the Oppenheimer stock analysts are running with this positive outlook and advising investors to buy two stocks they believe are primed for major gains – one of which could skyrocket as much as 840%. And they're not alone. TipRanks data shows the broader analyst community is firmly behind these names, handing out 'Strong Buy' ratings and projecting massive upside potential. Let's take a closer look at what makes these stocks so compelling. Quince Therapeutics (QNCX) We'll start with Quince Therapeutics, a late-stage biotech firm taking an innovative approach to rare disease treatment by harnessing the patient's biology. Its lead program, eDSP (formerly EryDex), is a novel formulation of dexamethasone, a well-established corticosteroid valued for its anti-inflammatory power. While dexamethasone is effective, it's also known to cause serious adverse effects, such as adrenal gland suppression, especially with prolonged use. eDSP, however, leverages Quince's proprietary AIDE technology to encapsulate the drug within a patient's own red blood cells, aiming to preserve its efficacy while reducing those side effects. That delivery method – AIDE, or Autologous Intracellular Drug Encapsulation – is where Quince's innovation stands out. Instead of traditional drug delivery routes, AIDE employs red blood cells from the patient to carry therapeutic agents through the bloodstream. This method offers several built-in advantages: improved tolerability, extended circulation time, reduced immune response, and broader tissue exposure. By leveraging the body's natural carriers, AIDE enables the drug to remain active and better tolerated until it reaches its destination. On the clinical trial side, eDSP is currently undergoing a Phase 3 NEAT study in the treatment of ataxia-telangiectasia, or A-T. This is a rare, inherited pediatric disease caused by mutations in the ATM gene that controls cell homeostatic and cell division functions. The gene mutation causes a neurodegenerative and immunodeficiency disorder. Quince plans to enroll 86 A-T patients from ages 6 to 9 years, and another 20 patients aged 10 years or older. Currently, 61 patients are enrolled. Topline results are expected to be ready for release in 4Q25, and assuming a positive outcome, the company plans to make regulatory submissions to the FDA and EMA during 2026. The company is also preparing a Phase 2 clinical trial to assess eDSP as a prospective treatment for Duchenne muscular dystrophy (DMD), a severe inherited condition caused by mutations in the dystrophin gene on the X chromosome. These mutations result in a lack of dystrophin protein, which is essential for muscle function. The company plans to initiate this study by year-end. With shares trading at just $1.06 and a major catalyst on the horizon, Oppenheimer analyst Leland Gershell sees QNCX as deeply undervalued with substantial upside. 'We like the setup into QNCX's Phase 3 results in ataxia-telangiectasia (A-T)… We see a $1B+ global opportunity for lead candidate EryDex [eDSP] and project $200M in 2031 US sales. Our enthusiasm for development and commercial success is driven by our KOL checks, prior clinical data, and a pivotal design we see as heavily derisked. Upside potential stems from EryDex's prospects to meaningfully improve the standard of care in Duchenne muscular dystrophy (DMD), a second indication on which we have good visibility. The company's drug/device platform could serve a growing number of rare disorders over time and offers durable market exclusivity,' the analyst opined. Looking ahead, Gershell emphasizes the attractive setup: 'We see favorable risk-reward and encourage investors to build a position. We would expect positive results in NEAT to yield considerable stock upside potential and enable the company to strengthen its capital base by attracting strong interest from dedicated healthcare institutional investors.' Gershell backs his bullish stance on QNCX with an Outperform (i.e., Buy) rating and a $10 price target, implying a massive ~840% upside over the next 12 months. (To watch Gershell's track record, click here) Overall, the stock earns a unanimous thumbs up from the analyst consensus, with 3 recent Buy reviews supporting a Strong Buy rating. The average price target of $6.67 implies a potential gain of 529% from current levels. (See QNCX stock forecast) Sarepta Therapeutics (SRPT) The next stock catching Oppenheimer's attention is Sarepta Therapeutics, a cutting-edge biotech firm specializing in precision genetic medicine. With a strong focus on rare diseases, Sarepta has emerged as a leader in developing breakthrough treatments for Duchenne muscular dystrophy. Backed by a robust pipeline, Sarepta is advancing a wide range of drug candidates currently in human clinical trials, with multiple gene therapy programs in the mix. The latest expansion of that pipeline comes through a collaboration with Arrowhead Pharmaceuticals, announced last November. The deal gives Sarepta exclusive global rights to seven of Arrowhead's programs – four already in clinical stages and three in preclinical development. These include drug candidates with potential as best-in-class siRNA treatments for myotonic dystrophy type 1 (DM1) and facioscapulohumeral muscular dystrophy (FSHD). While there is much to say about Sarepta, perhaps the most notable issue involves its commercial drug, Elevidys. Approved in June 2023, Elevidys is the first, and currently only, gene therapy approved for the treatment of DMD. The big news on this front came in March of this year, when Sarepta reported the death of a patient who had been treated with Elevidys. The cause of death was acute liver failure. Although liver damage is a known potential side effect of Elevidys and other gene therapies in its class, this marked the first reported fatality associated with the drug. As a result of the reported patient death, the European Medicines Agency (EMA) has temporarily paused several ongoing clinical trials of Elevidys. Conducted by Sarepta in collaboration with Roche, these trials aim to support label expansion of the already approved drug. Enrollment and dosing have been halted while Sarepta and Roche review the data and work to determine the exact cause of the fatality. Looking at the financial side, Sarepta's latest earnings report – covering 4Q24 – shows the company generating strong revenue and turning a profit. The top line came in at $658.4 million, up 66% year-over-year and beating the forecast by $27.37 million. This total included $638.2 million in net product revenue, a 75% increase from the prior year. At the bottom line, Sarepta reported non-GAAP EPS of $1.90, more than double the 4Q23 figure – although it fell 16 cents short of expectations. Investors won't have to wait long for the next update, with Q1 earnings set to be released on Tuesday, May 6. In his coverage of Sarepta for Oppenheimer, analyst Andreas Argyrides sees plenty of reasons to feel optimistic about the stock, despite the headwind of the tragic patient death. 'Feedback from a KOL call with a leading neurologist supports ELEVIDYS' favorable benefit/risk profile as the only gene therapy approved in DMD. Overall, the KOL was not surprised by the first patient death following treatment with ELEVIDYS, since acute liver injury is a known side effect of AAV-based gene therapies. While another fatality is possible, he sees little risk of ELEVIDYS being pulled or restricted, expects an expanded label for children <4-y/o, and his overall perception remains unchanged. We view the recent selloff in the stock, pricing in revisions to ELEVIDYS sales, as overdone, driven by initial fears following the death and EMA's temporary clinical hold and see an opportunity for a rebound potentially supported by the share repurchase of up to $500M… We believe SRPT is investing considerable resources to become the leader in gene therapy and muscular dystrophies in particular,' Argyrides stated. Argyrides goes on to rate Sarepta's shares as Outperform (i.e., Buy), with a $184 price target that points toward a one-year gain of ~190%. (To watch Argyrides' track record, click here) Wall Street is largely in agreement. SRPT holds a Strong Buy consensus rating based on 22 recent analyst reviews, including 18 Buys and 4 Holds. With shares currently trading at $63.51, the $148.25 average price target suggests a 133% upside over the next year. (See SRPT stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. Disclaimer & DisclosureReport an Issue Sign in to access your portfolio
Business Insider
03-05-2025
- Business
- Business Insider
Oppenheimer Predicts Up to ~840% Surge for These 2 ‘Strong Buy' Stocks
Wall Street wrapped up the week with a bang, as a solid jobs report and a possible thaw in US-China trade tensions gave investors plenty to cheer about. Protect Your Portfolio Against Market Uncertainty The S&P 500 notched its longest bull run in nearly two decades, surging for a ninth consecutive day and fully erasing the losses triggered by President Trump's early-April 'Liberation Day' tariff blitz. Watching the current situation from Oppenheimer, chief investment strategist John Stoltzfus believes that the markets are finally finding their footing after months of uncertainty. 'US equities that had been pretty much locked in worry-worry mode for much of the time since February 19 when the S&P 500 hit its most recent record high found reason to change direction not just on a lessening of the day-to-day tariff war worry, but also on better-than-expected earnings growth… We remain positive on equities with current conditions suggesting we are right about where we should be considering the changes in stateside trade policy that are underway, and the degree of uncertainty change brings,' Stoltzfus opined. Stoltzfus' colleagues among the Oppenheimer stock analysts are running with this positive outlook and advising investors to buy two stocks they believe are primed for major gains – one of which could skyrocket as much as 840%. And they're not alone. TipRanks data shows the broader analyst community is firmly behind these names, handing out 'Strong Buy' ratings and projecting massive upside potential. Let's take a closer look at what makes these stocks so compelling. Quince Therapeutics (QNCX) We'll start with Quince Therapeutics, a late-stage biotech firm taking an innovative approach to rare disease treatment by harnessing the patient's biology. Its lead program, eDSP (formerly EryDex), is a novel formulation of dexamethasone, a well-established corticosteroid valued for its anti-inflammatory power. While dexamethasone is effective, it's also known to cause serious adverse effects, such as adrenal gland suppression, especially with prolonged use. eDSP, however, leverages Quince's proprietary AIDE technology to encapsulate the drug within a patient's own red blood cells, aiming to preserve its efficacy while reducing those side effects. That delivery method – AIDE, or Autologous Intracellular Drug Encapsulation – is where Quince's innovation stands out. Instead of traditional drug delivery routes, AIDE employs red blood cells from the patient to carry therapeutic agents through the bloodstream. This method offers several built-in advantages: improved tolerability, extended circulation time, reduced immune response, and broader tissue exposure. By leveraging the body's natural carriers, AIDE enables the drug to remain active and better tolerated until it reaches its destination. On the clinical trial side, eDSP is currently undergoing a Phase 3 NEAT study in the treatment of ataxia-telangiectasia, or A-T. This is a rare, inherited pediatric disease caused by mutations in the ATM gene that controls cell homeostatic and cell division functions. The gene mutation causes a neurodegenerative and immunodeficiency disorder. Quince plans to enroll 86 A-T patients from ages 6 to 9 years, and another 20 patients aged 10 years or older. Currently, 61 patients are enrolled. Topline results are expected to be ready for release in 4Q25, and assuming a positive outcome, the company plans to make regulatory submissions to the FDA and EMA during 2026. The company is also preparing a Phase 2 clinical trial to assess eDSP as a prospective treatment for Duchenne muscular dystrophy (DMD), a severe inherited condition caused by mutations in the dystrophin gene on the X chromosome. These mutations result in a lack of dystrophin protein, which is essential for muscle function. The company plans to initiate this study by year-end. With shares trading at just $1.06 and a major catalyst on the horizon, Oppenheimer analyst Leland Gershell sees QNCX as deeply undervalued with substantial upside. 'We like the setup into QNCX's Phase 3 results in ataxia-telangiectasia (A-T)… We see a $1B+ global opportunity for lead candidate EryDex [eDSP] and project $200M in 2031 US sales. Our enthusiasm for development and commercial success is driven by our KOL checks, prior clinical data, and a pivotal design we see as heavily derisked. Upside potential stems from EryDex's prospects to meaningfully improve the standard of care in Duchenne muscular dystrophy (DMD), a second indication on which we have good visibility. The company's drug/device platform could serve a growing number of rare disorders over time and offers durable market exclusivity,' the analyst opined. Looking ahead, Gershell emphasizes the attractive setup: 'We see favorable risk-reward and encourage investors to build a position. We would expect positive results in NEAT to yield considerable stock upside potential and enable the company to strengthen its capital base by attracting strong interest from dedicated healthcare institutional investors.' Gershell backs his bullish stance on QNCX with an Outperform (i.e., Buy) rating and a $10 price target, implying a massive ~840% upside over the next 12 months. (To watch Gershell's track record, click here) Overall, the stock earns a unanimous thumbs up from the analyst consensus, with 3 recent Buy reviews supporting a Strong Buy rating. The average price target of $6.67 implies a potential gain of 529% from current levels. (See QNCX stock forecast) Sarepta Therapeutics (SRPT) The next stock catching Oppenheimer's attention is Sarepta Therapeutics, a cutting-edge biotech firm specializing in precision genetic medicine. With a strong focus on rare diseases, Sarepta has emerged as a leader in developing breakthrough treatments for Duchenne muscular dystrophy. Backed by a robust pipeline, Sarepta is advancing a wide range of drug candidates currently in human clinical trials, with multiple gene therapy programs in the mix. The latest expansion of that pipeline comes through a collaboration with Arrowhead Pharmaceuticals, announced last November. The deal gives Sarepta exclusive global rights to seven of Arrowhead's programs – four already in clinical stages and three in preclinical development. These include drug candidates with potential as best-in-class siRNA treatments for myotonic dystrophy type 1 (DM1) and facioscapulohumeral muscular dystrophy (FSHD). While there is much to say about Sarepta, perhaps the most notable issue involves its commercial drug, Elevidys. Approved in June 2023, Elevidys is the first, and currently only, gene therapy approved for the treatment of DMD. The big news on this front came in March of this year, when Sarepta reported the death of a patient who had been treated with Elevidys. The cause of death was acute liver failure. Although liver damage is a known potential side effect of Elevidys and other gene therapies in its class, this marked the first reported fatality associated with the drug. As a result of the reported patient death, the European Medicines Agency (EMA) has temporarily paused several ongoing clinical trials of Elevidys. Conducted by Sarepta in collaboration with Roche, these trials aim to support label expansion of the already approved drug. Enrollment and dosing have been halted while Sarepta and Roche review the data and work to determine the exact cause of the fatality. Looking at the financial side, Sarepta's latest earnings report – covering 4Q24 – shows the company generating strong revenue and turning a profit. The top line came in at $658.4 million, up 66% year-over-year and beating the forecast by $27.37 million. This total included $638.2 million in net product revenue, a 75% increase from the prior year. At the bottom line, Sarepta reported non-GAAP EPS of $1.90, more than double the 4Q23 figure – although it fell 16 cents short of expectations. Investors won't have to wait long for the next update, with Q1 earnings set to be released on Tuesday, May 6. In his coverage of Sarepta for Oppenheimer, analyst Andreas Argyrides sees plenty of reasons to feel optimistic about the stock, despite the headwind of the tragic patient death. 'Feedback from a KOL call with a leading neurologist supports ELEVIDYS' favorable benefit/risk profile as the only gene therapy approved in DMD. Overall, the KOL was not surprised by the first patient death following treatment with ELEVIDYS, since acute liver injury is a known side effect of AAV-based gene therapies. While another fatality is possible, he sees little risk of ELEVIDYS being pulled or restricted, expects an expanded label for children <4-y/o, and his overall perception remains unchanged. We view the recent selloff in the stock, pricing in revisions to ELEVIDYS sales, as overdone, driven by initial fears following the death and EMA's temporary clinical hold and see an opportunity for a rebound potentially supported by the share repurchase of up to $500M… We believe SRPT is investing considerable resources to become the leader in gene therapy and muscular dystrophies in particular,' Argyrides stated. Argyrides goes on to rate Sarepta's shares as Outperform (i.e., Buy), with a $184 price target that points toward a one-year gain of ~190%. (To watch Argyrides' track record, click here) Wall Street is largely in agreement. SRPT holds a Strong Buy consensus rating based on 22 recent analyst reviews, including 18 Buys and 4 Holds. With shares currently trading at $63.51, the $148.25 average price target suggests a 133% upside over the next year. (See SRPT stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
