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AXGT

Axovant

$1.10

-0.04 (-3.51%)

16:45
05/07/19
05/07
16:45
05/07/19
16:45

Axovant announces 1-for-8 reverse split effectiveness

Axovant Gene Therapies announced that a reverse share split of its common shares on a 1-for-8 basis will become effective on May 7, 2019. The shares will begin trading on the split-adjusted basis on the Nasdaq Global Select Market under the company's existing trading symbol on May 8.

AXGT Axovant
$1.10

-0.04 (-3.51%)

02/15/19
GUGG
02/15/19
INITIATION
Target $7
GUGG
Buy
Axovant initiated with a Buy at Guggenheim
Guggenheim analyst Whitney Ijem started Axovant with a Buy rating and $7.00 price target, stating that she likes the company's diversified approach in CNS gene therapy and sees "reason for optimism" ahead of initial data from two pipeline programs in March.
03/11/19
CHDN
03/11/19
UPGRADE
CHDN
Buy
Axovant upgraded to Buy from Neutral at Chardan
03/11/19
JMPS
03/11/19
NO CHANGE
Target $8
JMPS
Outperform
Axovant price target raised to $8 from $6 at JMP Securities
Following this morning's announcement of positive results from its AXO-Lenti-PD and AXO-AAV-GM2 programs, Axovant Sciences CEO provided additional color at a competitor conference which support the "compelling results," JMP Securities analyst Jason Butler tells investors in a research note. The analyst believes Axovant has assembled over the past 12 months a "differentiated and diversified" portfolio of gene therapy candidates. The AXO-Lenti-PD results demonstrated large improvements in motor function and reductions in dyskinesia, while the AXO-AAV-GM2 results showed a "clean" safety profile and demonstrated an "impressive" increase in Hex A enzyme activity, says Butler. He reiterates an Outperform rating on Axovant and raised his price target for the shares to $8 from $6. The stock in afternoon trading is up 31c, or 21%, to $1.79.
04/11/19
EVER
04/11/19
INITIATION
Target $3
EVER
Outperform
Axovant initiated with an Outperform at Evercore ISI
Evercore ISI analyst Ravi Mehrotra initiated Axovant with an Outperform rating and a price targets of $3. The analyst believes that the company's "pipeline of high-potential assets is not priced in to the stock", with the Street view on the company as a "GT asset collector with no platform premium". Mehrotra contends that Axovant's lead asset AXO-Lenti-PD offers "promising preclinical data" with about 5-times more potency than predecessor ProSavin.

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MYOV

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MYOV

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