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H.C. Wainwright Remains a Buy on Aslan Pharmaceuticals (ASLN)

In a report released today, Yi Chen from H.C. Wainwright reiterated a Buy rating on Aslan Pharmaceuticals (ASLNResearch Report), with a price target of $7.00. The company’s shares closed yesterday at $0.78.

According to TipRanks, Chen is an analyst with an average return of -14.6% and a 30.62% success rate. Chen covers the Healthcare sector, focusing on stocks such as Veru, Applied DNA Sciences, and Aslan Pharmaceuticals.

Aslan Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $7.00.

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The company has a one-year high of $3.36 and a one-year low of $0.36. Currently, Aslan Pharmaceuticals has an average volume of 191.9K.

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Aslan Pharmaceuticals Ltd. is a clinical-stage oncology-focused biopharmaceutical company, which engages in the development of novel therapeutics. Its pipeline includes varlitinib, ASLAN003, ASLAN004, and ASLAN002. The firm’s portfolio focuses on validated growth pathways applied to new patient segments, novel immune checkpoints, and novel cancer metabolic pathways. The company was founded by Carl Aslan Jason Morton Firth, Mark McHale, and Jeffrey Tomlinson in 2010 and is headquartered in Singapore.

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