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Inhibikase Therapeutics downgraded to Neutral from Buy at H.C. Wainwright

Inhibikase Therapeutics downgraded to Neutral from Buy at H.C. Wainwright

H.C. Wainwright downgraded Inhibikase Therapeutics (IKT) to Neutral from Buy without a price target after risvodetinib development was paused following results from the Phase 2 trial. The firm cites the company’s decision to halt further development of risvodetinib for the downgrade.

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