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Vaxart price target lowered to $4 from $6 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm’s price target on Vaxart to $4 from $6 and keeps an Overweight rating on the shares following the Q2 results. Vaxart had a “productive” quarter as it continues to advance its norovirus program, the key value-driver for the company given that there is currently no approved norovirus vaccine on the market, the analyst tells investors in a research note.

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