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Humacyte price target lowered to $11 from $14 at Benchmark

Benchmark analyst Bruce Jackson lowered the firm’s price target on Humacyte (HUMA) to $11 from $14 and keeps a Buy rating on the shares post the Q3 report. The firm says the Symvess Acellular Tissue Engineered Vessel launch continued to gain new accounts during the quarter. It cites Humacyte’s new shares for the target drop but believes the company’s customer base continues to build.

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