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Immatics price target raised to $23 from $19 at Mizuho

Mizuho raised the firm’s price target on Immatics (IMTX) to $23 from $19 and keeps an Outperform rating on the shares following the Q3 report. The firm upped its probability of success assumptions for IMA402 across two indications to 30% from 25% following last week’s Phase 1 data.

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