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DBV Technologies price target raised to $35 from $20 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on DBV Technologies (DBVT) to $35 from $20 and keeps a Buy rating on the shares. The firm says its recent conversations with key opinion leaders further support its belief that DBV is positioned to deliver the first broadly accessible epicutaneous immunotherapy for peanut allergies. The VITESSE Phase 3 data is expected in Q4 of this year, the analyst tells investors in a research note.

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