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Cullinan Therapeutics price target lowered to $24 from $30 at UBS

UBS analyst David Dai lowered the firm’s price target on Cullinan Therapeutics (CGEM) to $24 from $30 and keeps a Buy rating on the shares. Cullinan’s key program CLN978 is on track for a data readout in the fourth quarter, the analyst tells investors in a research note.

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