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Elevation Oncology initiated with an Overweight at Piper Sandler

Piper Sandler analyst Biren Amin initiated coverage of Elevation Oncology with an Overweight rating and $10 price target. The company is developing EO-3021, for the treatment of gastric cancers and expects to provide a data update from the U.S. Phase 1 trial in mid-Q3, the analyst tells investors in a research note.

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