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EDIT

Editas Medicine

$20.53

-5.63 (-21.52%)

10:59
01/22/19
01/22
10:59
01/22/19
10:59

Editas tells Bloomberg CEO made 'personal decision' to step down

Editas Medicine spokeswoman Cristi Barnett told Bloomberg in an emailed statement that its CEO Katrine Bosley made a "personal decision" to step down and also resign from the board. The change is "occurring at a natural transition point for the company and also from a position of strength," Barnett added. Shares of Editas Medicine are down 21% to $20.64 in morning trading.

EDIT Editas Medicine
$20.53

-5.63 (-21.52%)

10/09/18
GUGG
10/09/18
INITIATION
GUGG
Neutral
Editas Medicine initiated with a Neutral at Guggenheim
Guggenheim analyst Whitney Ijem initiated Editas Medicine with a Neutral rating, calling the company's potential "mostly theoretical at this point as the company has yet to identify programs where these assets can be uniquely deployed."
09/21/18
RAJA
09/21/18
INITIATION
Target $40
RAJA
Outperform
Editas Medicine initiated with an Outperform at Raymond James
Raymond James analyst Steven Seedhouse initiated Editas Medicine with an Outperform and $40 price target saying data comps for lead indication LCA10 are the easiest, and is the best lead indication of the three CRISPR pure plays.
09/20/18
RAJA
09/20/18
INITIATION
RAJA
Outperform
Editas Medicine initiated with an Outperform at Raymond James
07/18/18
JEFF
07/18/18
NO CHANGE
Target $40
JEFF
Buy
Study in Nature Biotech has limited readthrough to Intellia, says Jefferies
A new Nature Biotech publication highlights important safety points, but due to the methods/model systems used, the paper has limited readthrough to Intellia Therapeutics (NTLA), Editas Medicine (EDIT) and Crispr Therapeutics (CRSP) programs advancing to the clinic, Jefferies analyst Maury Raycroft tells investors in a research note. The analyst believes the experiments used in the paper were not representative and may not have direct implications to current gene-editing clinical-directed strategies. The paper is another example of using a non-optimal model system with too many variables, Raycroft contends. He keeps a Buy rating on Intellia with a $40 price target.

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