B. Riley lowered the firm’s price target on Bicycle Therapeutics (BCYC) to $14 from $17 and keeps a Neutral rating on the shares following the Q1 report. The firm says the company faces significant competition from Padcev -plus pembro in bladder cancer, and a shift toward novel pipeline programs appears unlikely based on current activity.
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Read More on BCYC:
- Bicycle Therapeutics price target lowered to $22 from $26 at Citizens JMP
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