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Cardiff Oncology initiated with a Buy at Ladenburg

Ladenburg analyst Kevin Degeeter initiated coverage of Cardiff Oncology (CRDF) with a Buy rating and $19 price target The firm, which sees potential for onvansertib to become a new treatment option for first-line KRAS and NRAS mutated colorectal cancer, expects a planned update on July 29 to clarify the tolerability profile and potentially enable selection of an onvansertib dose for Phase 3 development.

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