SVB Leerink Maintains Outperform Rating for Rocket Pharmaceuticals: Here's What You Need To Know

SVB Leerink has decided to maintain its Outperform rating of Rocket Pharmaceuticals RCKT and lower its price target from $56.00 to $54.00.

Shares of Rocket Pharmaceuticals are trading down 1.05% over the last 24 hours, at $18.83 per share.

A move to $54.00 would account for a 186.78% increase from the current share price.

About Rocket Pharmaceuticals

Rocket Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. It is focused on the development of gene therapies for rare and devastating pediatric diseases. The pipeline products of the company include RP-A501 for Danaon Disease, RP-L102 for Fanconi Anemia, RP-L201 for Leukocyte Adhesion, RP-L301 for Pyruvate Kinase Deficiency, and RP-L401 for Infantile Malignant Osteopetrosis.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.