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Cogent Biosciences price target raised to $18 from $15 at Needham

Needham raised the firm’s price target on Cogent Biosciences to $18 from $15 and keeps a Buy rating on the shares. The analyst cites its view of a higher peak market share and probability of success for bezuclastinib in ISM, indolent systemic mastocytosis, following data from SUMMIT Part 1b at AAAAI.

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