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Y-mAbs Therapeutics price target lowered to $7 from $11 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Y-mAbs Therapeutics (YMAB) to $7 from $11 and keeps an Underweight rating on the shares. 2025 total revenue guidance of $75M-$90M was below expectations and implies declining growth of 6% year-over-year at the mid-point, the analyst noted.

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