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uniQure price target lowered to $70 from $110 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on uniQure (QURE) to $70 from $110 and keeps a Buy rating on the shares. The firm says the FDA’s shift on AMT-130 is a significant but surmountable. It is confident that a viable regulatory path should emerge. The selloff yesterday in uniQure shares overstates the fundamental impact of the news, the analyst tells investors in a research note.

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