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AN2 Therapeutics price target lowered to $2 from $7 at Evercore ISI

AN2 Therapeutics price target lowered to $2 from $7 at Evercore ISI

Evercore ISI lowered the firm’s price target on AN2 Therapeutics to $2 from $7 and keeps an In Line rating on the shares. The firm remains on the sidelines until it gains more visibility with upcoming Phase 2 data, though it has updated its model and delayed expectations for a launch of epetraborole to 2028 from 2027.

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