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Outlook Therapeutics upgraded to Buy from Hold at Brookline

Brookline upgraded Outlook Therapeutics to Buy from Hold with a $1.57 price target. The company announced an equity financing that will fund the NORSE EIGHT trial and commercialization of ONS-5010, the analyst tells investors in a research note. The firm says these actions remove the financing overhang over the shares and reduce regulatory risk for ONS-5010.

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