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Dyne Therapeutics price target lowered to $31 from $37 at Raymond James

Raymond James analyst Martin Auster lowered the firm’s price target on Dyne Therapeutics (DYN) to $31 from $37 and keeps an Outperform rating on the shares. Dyne’s DYNE-101 upsized registrational cohort is expected to complete enrollment in Q4, setting up a mid 2026 readout and late 2026 accelerated approval biologics license application filing, roughly on par with Avidity (RNA), the analyst tells investors in a research note.

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