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H.C. Wainwright keeps Buy rating on Clene after ALS update ‘impresses’

H.C. Wainwright maintains a Buy rating and $7 price target on Clene shares after the company announced updated survival data from its Phase 2 RESCUE-ALS open label extension study. The updated data “impress,” says the firm, which believes these data, if they continue to hold, “position the therapy for regulatory, clinical, and commercial successes.”

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