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CG Oncology price target lowered to $62 from $63 at BofA

BofA lowered the firm’s price target on CG Oncology (CGON) to $62 from $63 and keeps a Buy rating on the shares post the Q2 report. The firm sees significant value generation opportunities for CG over the next 12-18. The company remains a frontrunner in the HR non-muscle invasive bladder cancer space, the analyst tells investors in a research note.

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