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enGene price target lowered to $9 from $10 at UBS

UBS analyst David Dai lowered the firm’s price target on enGene (ENGN) to $9 from $10 and keeps a Neutral rating on the shares following the fiscal Q1 report. The firm cites increased spending due to the LEGEND trial and launch of detalimogene in 2027 for the target cut.

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