Mizuho lowered the firm’s price target on Iovance Biotherapeutics (IOVA) to $10 from $30 and keeps an Outperform rating on the shares post the Q1 report and 2025 revenue guidance cut. The firm issued a “fairly hard reset, and may be just what the Street needs to finally move on with this stock and take a fresh look,” the analyst tells investors in a research note.
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