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Elicio Therapeutics price target raised to $11 from $10 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Elicio Therapeutics to $11 from $10 and keeps a Buy rating on the shares. The analyst says ELI-002 2P clinical data appears promising. The firm looks forward to the initial ELI-002 7P results in the first half of 2024.

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