Repare Therapeutics (NASDAQ:PAND) Research Coverage Started at SVB Leerink

SVB Leerink started coverage on shares of Repare Therapeutics (NASDAQ:PAND) in a research note issued to investors on Tuesday morning, BenzingaRatingsTable reports. The brokerage issued an outperform rating and a $24.00 target price on the stock. SVB Leerink also issued estimates for Repare Therapeutics’ Q2 2020 earnings at ($0.93) EPS, Q3 2020 earnings at ($0.42) EPS, Q4 2020 earnings at ($0.49) EPS, FY2020 earnings at ($2.23) EPS, FY2021 earnings at ($1.94) EPS, FY2022 earnings at ($2.04) EPS, FY2023 earnings at ($2.26) EPS and FY2024 earnings at ($2.41) EPS.

A number of other equities analysts have also weighed in on the stock. BMO Capital Markets began coverage on shares of Repare Therapeutics in a research note on Monday. They issued an outperform rating and a $29.00 target price for the company. Goldman Sachs Group started coverage on shares of Repare Therapeutics in a research report on Tuesday. They set a buy rating and a $28.00 price target on the stock.

NASDAQ PAND traded up $0.27 on Tuesday, reaching $18.83. The company had a trading volume of 516 shares, compared to its average volume of 177,296. Repare Therapeutics has a 1-year low of $16.67 and a 1-year high of $27.75.

In other Repare Therapeutics news, Director Plc Glaxosmithkline purchased 361,111 shares of the business’s stock in a transaction on Tuesday, July 21st. The shares were purchased at an average cost of $18.00 per share, with a total value of $6,499,998.00.

About Repare Therapeutics

Pandion Therapeutics, Inc, a clinical stage biopharmaceutical company, focuses on developing various therapeutics to address the unmet needs of patients suffering from autoimmune diseases. Its lead product candidate is PT101, an effector module comprised of an engineered variant of wild-type interleukin-2 (IL-2) fused to a protein backbone that is in Phase 1a clinical trials for the treatment of various autoimmune and inflammatory diseases.

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