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Zymeworks downgraded to Equal Weight from Overweight at Wells Fargo
The Fly

Zymeworks downgraded to Equal Weight from Overweight at Wells Fargo

Wells Fargo downgraded Zymeworks (ZYME) to Equal Weight from Overweight with an unchanged price target of $12. The firm believes the shares are “fully valued” following the company’s Q3 report. Wells cites valuation for the downgrade.

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