Jefferies Maintains AveXis to Buy with Price Target $50.00

Brokerage firm Jefferies Maintains its rating on AveXis(NASDAQ:AVXS). In a research note issued to the investors, the brokerage major Raises the price-target to $50.00 per share. The shares have been rated Buy. The rating by Jefferies was issued on Sep 19, 2016.

In a different note, On Aug 17, 2016, Wells Fargo said it Upgrades its rating on AveXis. The shares have been rated ‘Outperform’ by the firm. On Aug 12, 2016, Jefferies said it Upgrades its rating on AveXis. The shares have been rated ‘Buy’ by the firm. Wells Fargo said it Initiates Coverage on AveXis, according to a research note issued on Jul 15, 2016. The shares have been rated ‘Market Perform’ by the firm. On Jun 22, 2016, Jefferies said it Downgrades its rating on AveXis. In the research note, the firm Raises the price-target to $39.00 per share. The shares have been rated ‘Hold’ by the firm.

AveXis(AVXS) last announced its earnings results on Aug 11, 2016 for Fiscal Year 2016 and Q2.Earnings per share were $-0.68.

Several Insider Transactions has been reported to the SEC. On Aug 22, 2016, Andrew F. Knudten (SrVP/Manufacture&Supply Chain) purchased 5,000 shares at $20.00 per share price.

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