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Cellectar Biosciences price target lowered to $14 from $18 at Roth Capital

Roth Capital lowered the firm’s price target on Cellectar Biosciences (CLRB) to $14 from $18 and keeps a Buy rating on the shares following the Q4 report. The FDA and Cellectar defined a regulatory path for iopofosine, the analyst tells investors in a research note. Roth cites model tweaks for the target cut.

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