Beam Therapeutics: Buy Rating Reaffirmed as Clinical Momentum Builds and $68 Price Target Remains Unchanged

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2026.05.14 10:15
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Citi analyst Samantha Semenkow has reaffirmed a Buy rating for Beam Therapeutics (BEAM) stock, maintaining a $68 price target. The positive outlook is based on the company's strong clinical momentum, including progress towards a pivotal cohort for BEAM-302 and a planned BLA filing for risto-cel by 2026. Recent data supports Beam's efficacy and advantages in treatment outcomes. Bernstein also assigned a Buy rating with a $39 price target, further supporting the positive sentiment around the stock.