Several brokerages have updated their recommendations and price targets on shares of MeiraGTx (NASDAQ: MGTX) in the last few weeks:
- 3/27/2026 – MeiraGTx had its price target lowered by Piper Sandler from $30.00 to $26.00. They now have an “overweight” rating on the stock.
- 3/27/2026 – MeiraGTx had its price target raised by Bank of America Corporation from $14.00 to $16.00. They now have a “buy” rating on the stock.
- 3/27/2026 – MeiraGTx had its “buy” rating reaffirmed by Chardan Capital. They now have a $35.00 price target on the stock.
- 3/9/2026 – MeiraGTx was upgraded by Zacks Research from “strong sell” to “hold”.
- 1/30/2026 – MeiraGTx was downgraded by Zacks Research from “hold” to “strong sell”.
Insiders Place Their Bets
In other news, CEO Alexandria Forbes sold 62,000 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $7.41, for a total transaction of $459,420.00. Following the sale, the chief executive officer directly owned 1,449,695 shares of the company’s stock, valued at approximately $10,742,239.95. This represents a 4.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 7.50% of the stock is owned by corporate insiders.
The company’s lead programs include AAV-based candidates designed to restore or replace defective genes underlying rare retinal diseases and to modulate cellular pathways in neurological disorders.
Further Reading
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