Goldman Sachs initiates MeiraGTx stock coverage with neutral rating
Goldman Sachs initiated coverage on MeiraGTx (MGTX) with a Neutral rating and $16.00 price target, up from $11.75. The company focuses on gene therapies for retinal diseases, xerostomia, and Parkinson’s. Analysts expect profitability this year. MeiraGTx secured a $400M investment deal with Oberland Capital, including capped royalties and equity. Other analysts maintain Buy ratings with higher price targets.


