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Sana Biotechnology price target lowered to $8 from $11 at H.C. Wainwright
The Fly

Sana Biotechnology price target lowered to $8 from $11 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Sana Biotechnology (SANA) to $8 from $11 and keeps a Buy rating on the shares. The firm adapted its model to remove SC291 oncology sales, and have instead modeled SC262 in the post-CD19 CAR-T setting, which is a smaller market opportunity.

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