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Home » Stock Market News » CRISPR Therapeutics price targets raised at TD Cowen, Truist Securities, BofA

CRISPR Therapeutics price targets raised at TD Cowen, Truist Securities, BofA

Written by Miroslav Marinov
Miroslav Marinov
Miroslav Marinov, a financial news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market, as currently his focus is set on the major currencies of eight developed nations worldwide.
, | Updated:

The shares of CRISPR Therapeutics AG (NASDAQ: CRSP) rose more than 9% on Wednesday, after analysts at several companies raised their price targets on the CRSP stock.

TD Cowen raised its 12-month price target on CRISPR Therapeutics to $35 per share from $30 previously. The firm also upgraded the stock to “Hold” from “Sell”.

Truist Securities revised up its 12-month price target on CRISPR Therapeutics to $120 per share from $100, while it maintained a “Buy” rating.

And, BofA Securities raised its 12-month price target on CRISPR Therapeutics to $86 per share from $85, while it kept a “Buy” rating.

Stock Performance

The shares of CRISPR Therapeutics AG (CRSP) closed 9.29% ($3.68) higher at $43.30 on Nasdaq on Wednesday. It has been the sharpest single-session gain for the stock since November 1st 2024.

The company’s total market cap now stands at $3.714 billion.

The shares of CRISPR Therapeutics AG (CRSP) went down 37.12% in 2024, compared with a 28.64% gain for the benchmark index, Nasdaq Composite (IXIC).

The company’s shares have risen 10.01% so far this year.

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