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Truist Financial Sticks to Their Buy Rating for Viridian Therapeutics (VRDN)

Tipranks - Sat Feb 28, 7:00AM CST

In a report released today, Gregory Renza from Truist Financial maintained a Buy rating on Viridian Therapeutics, with a price target of $40.00.

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According to TipRanks, Renza is a 5-star analyst with an average return of 20.2% and a 50.42% success rate. Renza covers the Healthcare sector, focusing on stocks such as Gilead Sciences, Fulcrum Therapeutics, and Viridian Therapeutics.

In addition to Truist Financial, Viridian Therapeutics also received a Buy from RBC Capital’s Lisa Walter in a report issued today. However, on the same day, TipRanks – Anthropic reiterated a Hold rating on Viridian Therapeutics (NASDAQ: VRDN).

Based on Viridian Therapeutics’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $132 thousand and a GAAP net loss of $120.36 million. In comparison, last year the company earned a revenue of $72 thousand and had a GAAP net loss of $79.73 million

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