Viridian Therapeutics price target lowered to $36 from $40 at Truist

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Thu, April 9, 2026 astatine 7:32 AM CDT 1 min read

Truist lowered the firm’s terms people connected Viridian Therapeutics (VRDN) to $36 from $40 and keeps a Buy standing connected the shares arsenic portion of a broader probe enactment previewing Q1 net successful Biotech. Reactivity to regulatory and argumentation shifts crossed the assemblage continues to ease, and the steadfast besides notes a caller pickup successful woody activity, which has the imaginable to physique momentum done the remainder of the twelvemonth into mid-terms, the expert tells investors successful a probe note. For the company, the steadfast notes that portion it has somewhat tempered its eventual expectations connected Viridian’s commercialized accidental successful TED, with Veli’ peaking astatine $630M successful 2031, and Ele’ peaking astatine $1.14B successful 2035, the statement is apt to proceed arsenic investors and adjacent docs equilibrium the real-world inferior of Viridian’s reduced therapeutic load worth prop with Amgen’s (AMGN) existing doc, patient, and payer relationships and existing commercialized infrastructure and support, Truist added.

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