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Avidity Biosciences, developing RNA treatments, receives strong "buy" rating with potential for over 230% gain.
Avidity Biosciences, a biopharmaceutical firm listed on NASDAQ, has garnered a strong "buy" rating from analysts, with a consensus target price of $65.59 and a potential upside of 230.69% from its current price.
The company is developing RNA therapeutics, including its lead product for myotonic dystrophy type 1, which is in phase 1/2 trials.
Despite a negative net margin and return on equity, Avidity's market cap stands at $3.50 billion.
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Avidity Biosciences, desarrollando tratamientos de ARN, recibe una fuerte calificación de "compra" con un potencial de ganancia de más del 230%.