Canaccord analyst John Newman lowered the firm’s price target on Oncolytics to $5.00 from $6.00 and keeps a Buy rating on the shares. The analyst said we look forward to BRACELET-1 data in 2Q23 and more information on the future registrational study pathway for breast cancer and PDAC. Additionally, we look forward to GOBLET trial updates in PDAC, CRC, and anal cancer in 2H23.
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