Stifel lowered the firm’s price target on Atara Biotherapeutics to $2.30 from $4.80 and keeps a Hold rating on the shares. The firm is intrigued by the partial Human Leukocyte Antigens matching approach with ATA3219 in both Lymphoma and Lupus, but are looking for more validation that efficacy will match autologous CAR T before getting constructive, the analyst tells investors in a research note.
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