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Gain Therapeutics price target raised to $10 from $6 at Roth Capital

Roth Capital raised the firm’s price target on Gain Therapeutics (GANX) to $10 from $6 and keeps a Buy rating on the shares. The firm says GT-02287 demonstrated blood-brain barrier penetration and triggered a reduction in GluSph levels in the Phase 1b study. This offers “direct mechanistic evidence” for GCase target engagement, the analyst tells investors in a research note. Roth cites the data for the target increase.

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