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Watchlist Update: 7-12 - SGMO - Sangamo - Analyst Comments

TIGER'S TAKE:  On our watch list. Good biotech name for the longer term with a very large pipeline if their gene editing with zinc finger biotechnology is proven to work. They have big partners Pfizer and Gilead already also.    $SGMO


Sangamo, BioMarin analyst commentary at Jefferies

Sangamo should be bought at current share levels, says Jefferies. Jefferies analyst Maury Raycroft attributes the recent weakness in shares of Sangamo Therapeutics (SGMO) to negative sentiment related to BioMarin's (BMRN) valrox's durability. The market may be assuming all hemophilia A gene therapies are the same, Raycroft tells investors in a research note. However, he believes Sangamo's SB-525 could be "best-in-class" and keeps a Buy rating on the shares with a $19 price target. The analyst recommends buying the stock at current levels for the company's hemophilia A opportunity and "robust" pipeline.

Source: (thefly.com)


$SGMO, SANGAMO THERAPEUTICS INC / H1


Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal.

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