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Fly News Breaks for March 2, 2020
BEAM
Mar 2, 2020 | 08:30 EDT
As previously reported, Wedbush analyst David Nierengarten initiated coverage of Beam Therapeutics with an Outperform rating and $32 price target. The analyst believes shares are "undervalued" based on his positive long-term outlook on the company's differentiated and potentially best-in-class gene editing platform, base editing, which is able to generate highly efficient and predictable single base pair changes in genomic DNA in order to correct genetic disease.
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