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PRQR

ProQR Therapeutics

$18.66

0.04 (0.21%)

07:13
11/14/18
11/14
07:13
11/14/18
07:13

Cantor starts ProQR with Overweight despite 500% year-to-date rally

Cantor Fitzgerald analyst Eliana Merle last night initiated coverage of ProQR Therapeutics with an Overweight rating and $40 price target. ProQR is a European RNA-based platform technology company focused on developing therapeutics for inherited blindness, Merle tells investors in a research note. Although shares are up close to 500% year-to-date after positive proof of concept in first ophthalmology drug QR-110, "this could be just the beginning of a major turning point for the company's platform," says the analyst. He thinks QR-110 "could be just the tip of the iceberg" in terms of ProQR's platform potential in inherited forms of blindness. Merle believes its clinical program in Usher's syndrome represents a larger opportunity than QR-110.

PRQR ProQR Therapeutics
$18.66

0.04 (0.21%)

04/05/18
CHDN
04/05/18
INITIATION
Target $4.5
CHDN
Buy
ProQR Therapeutics initiated with a Buy at Chardan
Chardan analyst Keay Nakes initiated ProQR Therapeutics with a Buy and $4.50 price target saying the company has the potential to become a significant competitor in the oligonucleotide therapeutic market. ProQR's pipeline currently has 14 compounds which act to repair the targeted defective messenger RNA, to facilitate expression and function of the genetically mutated protein.
09/18/18
EVER
09/18/18
INITIATION
Target $35
EVER
Outperform
ProQR Therapeutics initiated with an Outperform at Evercore ISI
Evercore ISI analyst Josh Schimmer initiated ProQR Therapeutics with an Outperform rating and $35 price target. The analyst believes the company's recent clinical data for QR-110 for treatment of LCA-10 has transformed the outlook for the company, helping to "establish proof of concept for the lead program, it also helps de-risk the company's broader platform."
11/13/18
CANT
11/13/18
INITIATION
Target $40
CANT
Overweight
ProQR Therapeutics initiated with an Overweight at Cantor Fitzgerald
Cantor Fitzgerald initiated ProQR Therapeutics with an Overweight and $40 price target.

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