Piper Sandler downgraded Allakos (ALLK) to Neutral from Overweight with a price target of 30c, down from $7.
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Read More on ALLK:
- Allakos to discontinue further clinical development of AK006, cut workforce 75%
- Allakos Restructures Amid AK006 Program Discontinuation
- Allakos Restructures Amid AK006 Discontinuation and Layoffs
- Allakos announces results from its Phase 1 trial of AK006
- JMP Securities healthcare analysts hold an analyst/industry conference call
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