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Beyond Air price target lowered to $5 from $20 at Piper Sandler

Piper Sandler lowered the firm’s price target on Beyond Air (XAIR) to $5 from $20 and keeps an Overweight rating on the shares following quarterly results. The firm says that the incremental updates are modest, with management reiterating confidence in its $12M-$16M revenue guidance and referenced multiple areas that could serve as the necessary FY26 catalysts.

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