H.C. Wainwright analyst Douglas Tsao raised the firm’s price target on Cabaletta Bio to $15 from $11 and keeps a Buy rating on the shares. During the last couple of months, Cabaletta has shifted focus from its Chimeric AutoAntibody Receptor T program to the most recent addition to its portfolio, CABA-201, a Chimeric Antigen Receptor T cell for Autoimmunity candidate, the analyst tells investors in a research note.
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