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Apogee Therapeutics price target lowered to $78 from $80 at BofA

BofA analyst Tim Anderson lowered the firm’s price target on Apogee Therapeutics (APGE) to $78 from $80 and keeps a Buy rating on the shares after the company reported FY24 financial results and released interim Phase 1 results for APG990 in healthy volunteers. The firm’s target reflects updated cash and share count estimates.

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