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Barclays Issues a Buy Rating on Cellectis SA (CLLS)
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Barclays Issues a Buy Rating on Cellectis SA (CLLS)

Barclays analyst Gena Wang assigned a Buy rating to Cellectis SA (CLLSResearch Report) yesterday and set a price target of $7.00. The company’s shares closed yesterday at $1.95.

Wang covers the Healthcare sector, focusing on stocks such as Sarepta Therapeutics, Vir Biotechnology, and PTC Therapeutics. According to TipRanks, Wang has an average return of 11.8% and a 44.99% success rate on recommended stocks.

Currently, the analyst consensus on Cellectis SA is a Strong Buy with an average price target of $7.67.

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CLLS market cap is currently $109M and has a P/E ratio of -0.88.

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Cellectis SA is a biopharmaceutical company, which engages in the research and development of genome engineering technology. The company operates through the following business segments: Therapeutics and Plants. The Therapeutics segment is focused on the development of products in the field of immune-oncology and of novel products outside immuno-oncology to treat other human diseases. The Plants segment focuses on applying its gene-editing technologies to develop new generation plant products in the field of agricultural biotechnology through its own efforts or through alliances with other companies in the agricultural market. Its therapeutic products are still in the preclinical stage which is developed for various kinds of tumors. Cellectis was founded by David J. Sourdive and André Choulika on February 20, 1999 and is headquartered in Paris, France.

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