Rett syndrome
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Raymond James Initiates Strong Buy on Taysha (TSHA) Amid Rett Syndrome Trial Momentum
Yahoo Financeยท 2025-10-26 10:16
Core Insights - Taysha Gene Therapies Inc. (NASDAQ:TSHA) is highlighted as a small-cap stock with significant upside potential, receiving a Strong Buy rating from Raymond James with a price target of $13, aligning with analyst consensus [1][2] Company Overview - Taysha Gene Therapies is a clinical-stage biotech firm focused on developing adeno-associated virus (AAV)-based gene therapies for rare, single-gene disorders affecting the central nervous system, aiming to provide targeted treatments that address the root genetic causes of these conditions [4] Clinical Developments - The company has achieved promising results from its Phase 1/2 REVEAL trial for Rett syndrome, along with positive feedback from the FDA, which are key drivers for its growth [2][3] - Recent milestones include receiving Breakthrough Therapy Designation, FDA protocol alignment, and approval for a 6-month interim analysis that could expedite regulatory submission [3] - Patient enrollment for REVEAL Part B is currently underway, with final dosing expected by mid-2026 and potential commercialization targeted for 2027 [3] Financial Position - Taysha has a market capitalization of $1.28 billion and maintains a cash-rich balance sheet, positioning the company well to advance its clinical programs [2]