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Precision BioSciences price target lowered to $2 from $6 at BTIG

BTIG lowered the firm’s price target on Precision BioSciences to $2 from $6 and keeps a Buy rating on the shares. The firm adjusts its model to push out its assumed U.S. market launch of Azer-cel to 2027 and EU launch to 2028, the analyst tells investors in a research note.

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