Evercore ISI re-initiated coverage of Aura Biosciences (AURA) with an Outperform rating and $13 price target Aura uses a photosensitive payload to kill tumor cells in a handful of “underserved,” early-stage indications and early data has been “quite supportive,” the analyst tells investors. The company’s main target populations are earlier than the market is used to considering and with a safe and easy-to-give regimen, Aura could potentially open up these indications and avoid competition, the analyst added.
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