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PDS Biotechnology price target lowered to $5 from $7 at B. Riley

B. Riley lowered the firm’s price target on PDS Biotechnology (PDSB) to $5 from $7 and keeps a Buy rating on the shares. The firm cites PDS01 f antibody drug conjugate triplet revenue contribution push out given the company’s heightened focus on securing Versamune HPV doublet path to market for the target cut.

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