Sana Biotechnology downgraded to Market Perform from Outperform at JMP Securities
The Fly

Sana Biotechnology downgraded to Market Perform from Outperform at JMP Securities

JMP Securities downgraded Sana Biotechnology (SANA) to Market Perform from Outperform without a price target after the company announced a portfolio reprioritization. The firm cites uncertainty associated with the company’s various data readouts for the downgrade. It now sees Sana shares as fairly valued.

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