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Alto Neuroscience price target lowered to $10 from $32 at Baird

Baird lowered the firm’s price target on Alto Neuroscience (ANRO) to $10 from $32 and keeps an Outperform rating on the shares. The firm lowered its target on the ALTO-100 failure and they are rmeoving it from its model even though management indicated there are signals that support patient stratification.

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