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Vir Biotechnology price target lowered to $26 from $28 at Barclays

Vir Biotechnology price target lowered to $26 from $28 at Barclays

Barclays analyst Gena Wang lowered the firm’s price target on Vir Biotechnology (VIR) to $26 from $28 and keeps an Overweight rating on the shares post the Q3 report. The firm expects multiple data updates to provide near-term upside, with “strong balance sheet supporting long-term growth.”

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