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Prelude Therapeutics price target lowered to $5 from $6 at H.C. Wainwright
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Prelude Therapeutics price target lowered to $5 from $6 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Prelude Therapeutics to $5 from $6 and keeps a Buy rating on the shares. The analyst says the AbCellera collaboration potentially broadens the patient population for Prelude’s SMARCA2 degraders.

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