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Intensity Therapeutics upgraded to Buy from Hold at Freedom Broker

Freedom Broker analyst Ilya Zubkov upgraded Intensity Therapeutics (INTS) to Buy from Hold with a price target of $20, down from $37.50. The firm says the company’s new financing has enabled the restart of INVINCIBLE-4 enrollment. It cites the longer than expected study timeline for the target cut but valuation for the upgrade.

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