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Carisma Therapeutics price target lowered to $12 from $24 at D. Boral Capital

D. Boral Capital lowered the firm’s price target on Carisma Therapeutics (CARM) to $12 from $24 and keeps a Buy rating on the shares after the company announced it is discontinuing the development of CT-0525 as part of a “strategic reprioritization. The firm reduced HERII cancers from its projections.

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