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Cocrystal Pharma price target lowered to $6 from $7 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Cocrystal Pharma (COCP) to $6 from $7 and keeps a Buy rating on the shares. The firm says CDI-988 demonstrated “further promise” via activity against emergent norovirus variants. It cites anticipated equity dilution for the target cut.

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