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Syndax price target raised to $22 from $19 at Barclays

Barclays analyst Peter Lawson raised the firm’s price target on Syndax (SNDX) to $22 from $19 and keeps an Overweight rating on the shares. The company’s “softer” Q3 was well telegraphed by management, and the focus can now turn to Q4 and Q1, with expectations for stronger growth, the analyst tells investors in a research note. The firm cites approval in NPM1 and better traction of Niktimvo for the target bump.

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