Needham has decided to maintain its Buy rating of Selecta Biosciences (NASDAQ:SELB) and lower its price target from $7.00 to $6.00.
Shares of Selecta Biosciences are trading up 2.84% over the last 24 hours, at $0.83 per share.
A move to $6.00 would account for a 620.29% increase from the current share price.
About Selecta Biosciences
Selecta Biosciences Inc is a clinical-stage biopharmaceutical company. The company uses its ImmTOR immune tolerance platform, which is designed to give rise to antigen-specific immunity, mitigating unwanted immune responses. Its product pipeline includes MMA-101, SEL-212 for Chronic Severe Gout, SEL-313 for Ornithine Transcarbamylase Deficiency (OTC), and others.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
