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Evogene price target raised to $2.25 from $1.75 at Alliance Global

Alliance Global analyst Scott Henry raised the firm’s price target on Evogene (EVGN) to $2.25 from $1.75 and keeps a Buy rating on the shares. The company has pivoted its model to focus on its ChemPass AI engine for designing small molecules for the pharmaceutical and agricultural industries, the analyst tells investors in a research note. The firm sees Evogene signing 10 partnerships by early 2027.

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