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InflaRx price target raised to $8 from $6 at H.C. Wainwright

H.C. Wainwright analyst Matthew Keller raised the firm’s price target on InflaRx (IFRX) to $8 from $6 and keeps a Buy rating on the shares based on the company’s adjusted clinical focus on ANCA-associated vasculitis, inflammatory renal diseases, and the potential partnering of the hidradenitis suppurativa program following last week’s corporate update.

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