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Atai Life Sciences price target lowered to $15 from $20 at H.C. Wainwright
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Atai Life Sciences price target lowered to $15 from $20 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Atai Life Sciences to $15 from $20 and keeps a Buy rating on the shares following the Q4 report. The analyst remains “very positive” on Atai’s pipeline, and the potential value realization for shareholders in the next year as multiple data readouts further validate pipeline.

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