Solid Biosciences is trading at $9.25, up 6.08% in pre-market after RBC Capital Markets initiated coverage with an Outperform rating.
- The firm initiated coverage on September 16 with an $18 price target.
- RBC highlighted potential for SGT-003, Solid Biosciencesβ Duchenne muscular dystrophy gene-therapy candidate.
- Major U.S. indices are up more than 0.5% pre-market, supporting broader risk sentiment.