Investment firm HC Wainwright reduces PepGen's FY2027 EPS estimate from $0.08 to $0.04.

Firm HC Wainwright reduces PepGen's FY2027 EPS estimate to $0.04 from $0.08. PepGen focuses on developing oligonucleotide therapeutics for severe neuromuscular & neurologic diseases, with lead product candidate PGN-EDO51 in Phase 2 trials for Duchenne muscular dystrophy. Vanguard Group increased its stake in Q1 by 68%, while Bank of America downgraded to 'neutral' with a $12 target.

August 14, 2024
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