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Editas Medicine price target lowered to $3.50 from $12 at Chardan

Chardan lowered the firm’s price target on Editas Medicine (EDIT) to $3.50 from $12 and keeps a Buy rating on the shares. The firm updated its Editas model for Q3 results and progress on lead in vivo gen editing candidate EDIT-401. The firm noted the space’s pullback has created a buying opportunity.

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