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Aprea Therapeutics price target lowered to $4 from $5 at H.C. Wainwright

H.C. Wainwright analyst Joseph Pantginis lowered the firm’s price target on Aprea Therapeutics (APRE) to $4 from $5 and keeps a Buy rating on the shares. The firm is “encouraged by the positive,” early proof-of-concept data from the ACESOT-1051 study. Aprea reported “promising” preliminary signals from an endometrial cancer patient, the analyst tells investors in a research note. H.C. Wainwright cites dilution for the target cut.

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