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Atara Biotherapeutics price target lowered to $13 from $19 at Canaccord

Canaccord lowered the firm’s price target on Atara Biotherapeutics to $13 from $19 and keeps a Buy rating on the shares. The firm said Atara announced the EMBOLD Phase 2 in Progressive MS did not meet its primary endpoint. Atara will now focus on tab-cel’s BLA submission expected in 2Q24.

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