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Caribou Biosciences’ data in LBCL looks ‘solid,’ says Truist

Truist analyst Asthika Goonewardene made no change to the firm’s Buy rating or $23 price target on Caribou Biosciences, telling investors in a research note that data in LBCL looks “solid.” The firm is optimistic that CB-010 can match autologous CAR-T like efficacy in an earlier line setting, but is “confused” with why the data in other histologies does not look as attractive.

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