What Caused Sarepta Therapeutics to Rally 12.6% in September
After reporting early-stage data from a drug candidate for the treatment of Duchenne muscular dystrophy (DMD) on September 6, shares in Sarepta Therapeutics (NASDAQ: SRPT) jumped 12.6% last month, according to S&P Global Market Intelligence.
DMD is a muscle-wasting disease that's caused by the inadequate production of dystrophin, a key protein necessary for building and maintaining muscle. DMD patients fail to produce enough dystrophin because of mutations at specific exons in the dystrophin production sequence, and as a result, most patients fail to live beyond their 30s.
Source: Fool.com
Sarepta Therapeutics Stock
The community is currently still undecided about Sarepta Therapeutics with 1 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 130 € is below the current price of 136.05 € for Sarepta Therapeutics, so the potential is actually -4.45%.