Jefferies Downgrades AveXis to Hold with Price Target $42.00

Brokerage firm Jefferies Downgrades its rating on AveXis(NASDAQ:AVXS). In a research note issued to the investors, the brokerage major Raises the price-target to $42.00 per share. The shares have been rated Hold. Previously, the analysts had a Buy rating on the shares. The rating by Jefferies was issued on Jun 22, 2016.

In a different note, Chardan Capital said it Initiates Coverage on AveXis, according to a research note issued on Mar 28, 2016. The shares have been rated ‘Buy’ by the firm.

AveXis(AVXS) last announced its earnings results on May 12, 2016 for Fiscal Year 2016 and Q1.Earnings per share were $-1.24.

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