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Optinose price target lowered to $3 from $4 at Lake Street

Lake Street analyst Thomas Flaten lowered the firm’s price target on Optinose to $3 from $4 and keeps a Buy rating on the shares after the company reported full Q1 results following its previous pre-release. The firm believes shares can more appropriately reflect the opportunity for XHANCE with the recent equity raise removing some financing overhang, the analyst tells investors.

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