Wedbush analyst Robert Driscoll raised the firm’s price target on Elevation Oncology to $8 from $5 and keeps an Outperform rating on the shares. The firm notes Elevation reported Q4/FY23 results, and remains on track to provide an update on its ongoing Phase 1 trial of EO-3021, an ADC targeting Claudin 18.2, in mid-2024, with additional data in the first half of 2025.
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