Sarepta jumps after WMS presentation shows weak dystrophin data for drisapersen

|About: Sarepta Therapeutics, Inc. (SRPT)|By:, SA News Editor

Sarepta Therapeutics (SRPT +6.2%) trades notably higher in morning action.

The shares look to be getting a boost from drisapersen (RNA, GSK) data presented Wednesday at the World Muscle Society.

Ultimately, the dystrophin production data for drisapersen (see here) was weak — only 12-29% of patients realized an increase in the precursor to dystrophin.

Baird maintains a Buy on SRPT. Price target is $63.

RBC is apparently out incrementally more positive on SRPT as well.