Prevail Therapeutics (NASDAQ:PRVL) Now Covered by Analysts at Wedbush

Wedbush initiated coverage on shares of Prevail Therapeutics (NASDAQ:PRVL) in a report released on Monday morning, 24/7 WallStreet reports. The brokerage issued an outperform rating and a $25.00 price target on the stock. Wedbush also issued estimates for Prevail Therapeutics’ Q3 2019 earnings at ($0.55) EPS, Q4 2019 earnings at ($0.60) EPS, Q1 2020 earnings at ($0.59) EPS, Q2 2020 earnings at ($0.61) EPS, Q3 2020 earnings at ($0.63) EPS, Q4 2020 earnings at ($0.64) EPS, FY2020 earnings at ($2.47) EPS, FY2021 earnings at ($2.14) EPS, FY2022 earnings at ($1.99) EPS and FY2023 earnings at ($1.79) EPS.

PRVL has been the subject of a number of other reports. Cowen reaffirmed a buy rating on shares of Avrobio in a research note on Monday. Bank of America set a $68.00 target price on Inphi and gave the company a buy rating in a report on Monday.

PRVL stock opened at $11.59 on Monday. Prevail Therapeutics has a one year low of $9.83 and a one year high of $16.90.

In other Prevail Therapeutics news, Director Carl L. Gordon bought 882,352 shares of the company’s stock in a transaction dated Monday, June 24th. The shares were bought at an average price of $17.00 per share, for a total transaction of $14,999,984.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

About Prevail Therapeutics

Prevail Therapeutics Inc, a gene therapy company, focuses on developing and commercializing disease-modifying AAV-based gene therapies for patients with devastating neurodegenerative diseases. The company's lead product candidate is PR001 for the treatment of Parkinson's disease with GBA1 mutation and neuronopathic Gaucher disease.

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