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Evaxion Biotech assumed with a Buy at JonesResearch

JonesResearch assumed coverage of Evaxion Biotech (EVAX) with a Buy rating and $10 price target The firm says the company uses its AI-driven platform to design novel oncology and infectious disease vaccines. Evaxion’s “promising” melanoma asset is likely to attract strategic interest, the analyst tells investors in a research note.

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