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MoonLake price target raised to $30 from $28 at H.C. Wainwright

H.C. Wainwright analyst Raghuram Selvaraju raised the firm’s price target on MoonLake Immunotherapeutics to $30 from $28 and keeps a Buy rating on the shares. The analyst continues to expect positive sonelokimab Phase 2 data in the near-term.

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