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Goldman Sachs Upgrades Rocket Pharmaceuticals to Neutral on Danon Disease Therapy

The bank raised its rating from Sell after updates on RP-A501, Rocket Pharmaceuticals’ experimental treatment for the rare disorder Danon disease.

Unlabeled therapy vial beside a laboratory pipette / TokenPost.ai
Unlabeled therapy vial beside a laboratory pipette / TokenPost.ai

Goldman Sachs upgraded Rocket Pharmaceuticals (RCKT) to Neutral from Sell after recent updates involving RP-A501, the company’s experimental therapy for Danon disease.

Rocket Pharmaceuticals shares rose in afternoon trading Thursday, Oct. 8, following the rating change.

RP-A501 is being developed for Danon disease, a rare disorder. Rocket Pharmaceuticals is a gene therapy developer.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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