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Stock impact report

Wall Street Rallies Behind Lexeo Therapeutics (LXEO)'s Gene Therapy Pipeline [Yahoo! Finance]

Lexeo Therapeutics, Inc. (LXEO) 
Company Research Source: Yahoo! Finance
a consensus buy from all eleven analysts covering the stock. While the target price ranges from $12 to $30, the median price target of $19 translates to an upside potential of 79.92%. On December 18, Raymond James initiated coverage on Lexeo Therapeutics, Inc. (NASDAQ:LXEO) with a ‘Strong Buy' rating and a price target of $25, citing solid results from two Phase 1/2 clinical trials and encouraging feedback from the FDA. With that said, the company's lead candidate, LX2006, an AAV gene therapy for cardiomyopathy associated with Friedreich's Ataxia, is “well-positioned for success” in its pivotal trial, the analyst asserted. Photo by National Cancer Institute on Unsplash Raymond James expects the stock to gain momentum in 2026 following a finalized pivotal protocol with the FDA and initial proof of concept data on LX2020, an unmodeled gene therapy asset. The firm anticipates LX2006 revenue of $14.1 million in FY27, going as high as $805.3 million in FY32. Earlier on December 10, Show less Read more
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