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Gossamer Bio price target lowered to $5 from $10 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Gossamer Bio (GOSS) to $5 from $10 and keeps a Buy rating on the shares. The firm reduced its probability of success for seralutinib in pulmonary arterial hypertension to 50% from 70%.

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