Barclays Maintains Overweight Rating for Replimune Group: Here's What You Need To Know

Barclays has decided to maintain its Overweight rating of Replimune Group REPL and lower its price target from $50.00 to $13.00.

Shares of Replimune Group are trading up 0.3% over the last 24 hours, at $6.77 per share.

A move to $13.00 would account for a 92.02% increase from the current share price.

About Replimune Group

Replimune Group Inc is a clinical-stage biotechnology company. It uses a proprietary RPx platform to design and develop product candidates that are intended to maximally activate the immune system against solid tumors. The RPx platform is based on a proprietary, engineered strain of herpes simplex virus 1, or HSV-1, backbone with payloads added to maximize immunogenic cell death and the induction of a systemic anti-tumor immune response. The company focuses on developing oncolytic immunotherapies for the treatment of cancer. Its pipeline products include RP1, RP2, and RP3.

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