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Humacyte price target lowered to $3.50 from $5 at TD Cowen

TD Cowen lowered the firm’s price target on Humacyte (HUMA) to $3.50 from $5 and keeps a Buy rating on the shares. The firm said the Symvess launch continues to advance with 13 hospital VAC approvals now in hand up from 5 in 1Q’25. Cowen said they are encouraged by this recent improvement in commercial traction and expect sequential revenue growth throughout 2H’25 and 2026.

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