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Sarepta Stock Just Soared 40%. Here’s Why. - Barron's

1. Sarepta resumes Elevidys shipments, boosting premarket stock by 24%. 2. Safety concerns led to a pause in shipments after deaths linked to the drug. 3. Analysts' ratings on SRPT are mixed, with increasing price targets. 4. Stock has dropped 90% over the past year despite resuming sales. 5. Cantor Fitzgerald remains neutral, citing ongoing safety concerns.

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FAQ

Why Bullish?

The resumption of Elevidys shipments alleviates significant downside risks, leading to market optimism. However, ongoing safety concerns may prevent further price increases.

How important is it?

The article discusses the resumption of a key revenue-generating product, directly affecting SRPT's financial outlook.

Why Short Term?

Immediate positive reaction is expected as shipments resume; however, long-term impact remains uncertain due to safety issues.

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