TD Cowen downgraded Harpoon Therapeutics (HARP) to Market Perform from Outperform without a price target following the proposed acquisition by Merck (MRK) for $23 per share in cash. The analyst believes another party is unlikely to offer a higher price, and that the transaction should close in the first half of 2024.
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- Harpoon Therapeutics downgraded to Hold from Buy at Canaccord
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