Viridian Therapeutics, Inc. (NASDAQ:VRDN) Sees Promising Outlook and Upgrade by RBC Capital

Core Insights - Viridian Therapeutics, Inc. (NASDAQ:VRDN) has been upgraded to "Outperform" by RBC Capital, with a price target increase from $41 to $45, while the stock is currently priced at $27.45 [1][6] - The company is expected to have a promising year in 2026, having successfully completed financing transactions that will allow it to reach profitability without further share dilution [2][6] - Disappointing phase 3 results of Roche's Enspryng in treating thyroid eye disease have reduced competitive pressure on Viridian's treatments, veligrotug and VRDN-003, enhancing its market position [3][6] Financial Performance - VRDN's stock has seen a 12.41% increase, with a change of $3.03, and has fluctuated between $24.93 and $28.60 on the day of reporting [4] - The company's market capitalization is approximately $2.23 billion, with a trading volume of 3,957,014 shares, indicating strong investor interest [5]