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Castle Biosciences price target lowered to $40 from $50 at Canaccord

Canaccord analyst Kyle Mikson lowered the firm’s price target on Castle Biosciences (CSTL) to $40 from $50 and keeps a Buy rating on the shares. The firm updated its model and believes the company remains a focus stocks, and they believe the company has solid operating momentum and multiple catalysts that could support long-term revenue growth.

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