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Aardvark Therapeutics downgraded to Neutral from Buy at H.C. Wainwright

H.C. Wainwright analyst Raghuram Selvaraju downgraded Aardvark Therapeutics (AARD) to Neutral from Buy without a price target The ARD-101 pivotal Prader-Willi syndrome trial was paused out of caution following cardiac observations in open-label dosing, the analyst tells investors in a research note. The firm says it does not have visibility on the fate of the ARD-201 program.

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