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Dyne Therapeutics price target lowered to $47 from $50 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Dyne Therapeutics (DYN) to $47 from $50 and keeps an Overweight rating on the shares. The firm, which notes that timelines for lead programs in DMD and DM1 remain on track, views 2026 as “a year of execution.”

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