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Akero Therapeutics price target lowered to $90 from $96 at Morgan Stanley

Akero Therapeutics price target lowered to $90 from $96 at Morgan Stanley

Morgan Stanley analyst Michael Ulz lowered the firm’s price target on Akero Therapeutics (AKRO) to $90 from $96 and keeps an Overweight rating on the shares. The company’s Q4 report was “uneventful” while execution across the Phase 3 SYNCHRONY program continues, the analyst tells investors in a research note.

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