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Affimed price target raised to $5 from $1 at Stifel

Stifel analyst Bradley Canino raised the firm’s price target on Affimed to $5 from $1 and keeps a Hold rating on the shares following the recent stock split. Affimed narrowed program updates to Q2 during Friday’s call, saying enrollment for cohorts 3 and 4 for acimtamig+AB-101will begin mid-April, the analyst tells investors in a research note.

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