H.C. Wainwright analyst Patrick Trucchio lowered the firm’s price target on Gossamer Bio to $5 from $25 and keeps a Buy rating on the shares. While TORREY results were disappointing relative to high expectations, a path to potential approval in pulmonary hypertension? remains possible, Trucchio tells investors in a research note.
Published first on TheFly
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Read More on GOSS:
- Gossamer Bio price target lowered to $7 from $15 at BofA
- Gossamer Bio downgraded to Underweight from Neutral at JPMorgan
- Gossamer Bio downgraded to Equal Weight from Overweight at Barclays
- Gossamer Bio downgraded to Neutral from Outperform at SMBC Nikko
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